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CFB's Bitcoin holdings just jumped from 400,000 to 716,000 BTC? That's quite the move.
Let that sink in for a second. This single entity now holds more Bitcoin than MicroStrategy and BlackRock combined. The numbers are staggering when you stack them side by side.
Looking at the chart, the accumulation pattern shows serious conviction. Whether it's strategic positioning or long-term conviction play, this kind of whale activity typically sends ripples through the market. The concentration of BTC at this level—especially when compared against institutional heavyweights—speaks volumes about the confidence some players have in Bitcoin's future.
QUBIC, Ethereum, and ETH movements correlate with this broader sentiment shift. Major holdings like these often signal where smart money is placing its bets, and the data suggests Bitcoin accumulation remains the dominant narrative.