FedWatch Signals 22.1% Chance of January 25bp Rate Cut and 77.9% Hold, COINOTAG News
According to onchain data, Bitcoin may be moving into a different phase of market participation rather than simply hitting a classic cycle top or bottom. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn New, large entrants are paying higher prices and holding on, and that change is reshaping where the network’s cost base sits. This is not just a short blip; the pattern has several clear data points behind it. New Whales Rewrite The Network Cost Base According to CryptoQuant figures, addresses classified as new whales now account for almost 50% of Bitcoin’s realized cap. Before 2025, that share rarely rose above 22%. Realized cap tracks the value of BTC at the price each coin last moved, so this shift shows where capital entered the system, not just who currently holds the most coins. Reports say the realized cap share from new whales continued to climb even during pullbacks, which suggests the network’s aggregate cost basis is being re-anchored at higher levels. Short-Term Demand Surges As Larger Players Buy Dips Short-term holder supply expanded by roughly 100,000 BTC over a 30-day span, reaching an all-time high, according to analysts. That jump in STH supply points to intense demand at the near-term level. Based on exchange flows, about 37% of BTC sent to Binance came from whale-size wallets, defined in the data set as holdings between 1,000–10,000 BTC. Reports from Hyblock show the cumulative volume delta for whale wallets — those in the $100,000–$10 million range — posted a positive $135 million delta this week. In contrast, retail wallets ($0–$10,000) and mid-size traders ($10,000–$100,000) logged negative deltas of $84 million and $172 million, respectively. In short: larger players absorbed selling pressure while smaller holders reduced their exposure. Related Reading: XRP ETFs Grow Past $60M As Price Struggles To Respond Derivatives Point To Short-Term Risk Price action was sharp. Bitcoin rose to $88,000 from $85,100 in about five hours after the Bank of Japan raised rates, a move that many investors had tracked as a potential macro trigger. Open interest climbed faster than the price, and funding rates turned positive, which indicates fresh margin-driven long positions were being added rather than a simple cover of shorts. That kind of flows pattern raises the chance of volatile reversals if sentiment shifts, even when spot demand looks healthy. Featured image from Unsplash, chart from TradingView
Cryptocurrency markets hardly ever await the launch of products. When the expectations in terms of future utility begin to develop, prices usually move earlier too. The trend has been repeated in previous cycles in lending hubs and DeFi protocols. Value will change their course when investors are convinced of proximity of usage and not users arriving. At this point, an Ethereum-powered DeFi cryptocurrency seems to be reaching that expectancy stage. Mutuum Finance (MUTM) is near a stage where the expectations start to alter pricing in the future before 1st quarter 2026. Mutuum Finance (MUTM) Mutuum Finance (MUTM) is a decentralized lending and borrowing protocol that is being developed based on Ethereum. The goal is simple. Assets are provided by the users to achieve yield and liquidity is accessed by the borrowers without the need to sell their assets. The protocol allows the flow of interest between the two sides. Using demand will be supported by users wanting exposure with no liquidation risk associated with selling. The demand to lend money tends to increase whenever markets become bullish and capital seeks a get back. These activities combined constitute the essence of utility of Mutuum Finance. As per update, the Sepolia testnet will be launched with the V1 protocol in Q4 2025 . Liquidity pools, mtTokens, debt tracking, and automatic liquidation are the main components. Initially, ETH and USDT are intended to be supported. This timing matters. As a project approaches execution, its expectations tend to shift. The market starts to price the potential market as the protocol, as opposed to what it is. Why Timing Is Better Than Noise Projects usually pass through distinct stages. At the beginning, the concentration is divided. Then, as development processes can be observed, the pressure increases. Mutuum Finance is approaching said transition. The platform is in the developmental stage yet the roadmap is running. The security reviews are in progress. The testnet window is characterized. This can be when positioning comes into effect and before the wider exposure sets in before many investors have to pose the question of what crypto to purchase at this moment. MUTM is currently selling at $0.035 and is in presale Phase 6 that is now allocated over 99%. The token has been increasing consistently on high levels since the beginning of 2025 following several stages, which portrays growing demand due to better information. Over 820M tokens are already sold in a set amount. As stages advance, availability of supply reduces. This is important in the event of an increase in utility expectations. An increasing number of tokens end up with fewer, at a time when this interest is in demand. Looking Forward There are a number of signs that imply that Mutuum Finance is in the pre utility stage. The token has a CertiK token scan of 90/100. Halborn Security is performing a separate audit of completed contracts. There is a live bug bounty worth $50k to illustrate and determine weaknesses in the code. There is also community activity building. A 24 hour leaderboard will give the highest daily depositor 500$ in MUTM. New entrants find it easy with access to card payments. Such factors tend to present themselves immediately before utility based pricing is brought into action. This can be significant to investors who may be following the news of cryptos today and want to purchase a crypto over the long term as part of positioning. Mutuum Finance is still in the development phase, and beta functionality will be added in the V1 Sepolia testnet. However, as Phase 6 is nearing closure and the prospects of lending utility increase, the project seems to be nearing its anticipation window. Traditionally, it is the first and not the last time that markets begin moving. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance
Digital fixed-income products are experiencing rapid growth, with $325 million distributed on Mercado Bitcoin's platform in 2025.
Fundstrat has warned its clients to brace for a possible drawdown in Bitcoin, ETH, and SOL in early 2026. The revelation came through a leaked internal report showing a contradicting view against Tom Lee’s recent remarks. Screenshots of the document appeared widely on X today, detailing the expectations of a deep pullback in the first half of 2026. The report estimates that Bitcoin will drop to a range between $60,000 and $65,000, and ETH will drop to a range between $1,800 and $2,000. For Solana, the report estimated a pullback to the range of $50 and $75. Bitcoin to fall between $60K and $65K alongside ETH’s $1.8K and $2K According to Lee, pro-business regulations, especially those linked to AI, the upcoming mid-term elections, and the new Fed leadership, may prove to be suitable for the market. He added that the market will come back in force, but it will take at least the first half of 2026 to get back. Lee predicted that the first half may go down by 10 to 15% before recovery. Fundstrat has not publicly confirmed the document, which is labelled for exclusive client use under the ‘Crypto – Strategy’ category. The document is attributed to Sean Farrell, the firm’s head of digital asset strategy. However, multiple crypto-focused accounts claim the document was distributed through internal clients. Despite the short-term bearish predictions, Fundsrat’s long-term sentiment remains bullish, with the short-term pullback expected to create buying opportunities ahead of recovery in the second half of 2026. Lee spoke at Binance Blockchain Week in Dubai early this month, noting that ETH is ‘grossly undervalued’. He positioned the network at the center of a structural shift driven by real-world asset (RWAs) tokenization across stocks, bonds, real estate, and financial products on smart contract platforms. Lee says Ethereum is having its ‘1971 moment’ Tom Lee described Ethereum’s 2025 performance as its ‘1971 moment’. According to Lee, after five years of range-bound trading, the Ethereum token began to break out, which prompted increased ETH exposure at Fundstrat. Lee forecasted that ETH may reach $12,000 based on an eight-year average ratio to Bitcoin, or roughly $60,000 to $62,000 upon reaching a 0.25 ratio or 2021 relative levels. Lee has also projected before that Bitcoin will hit $250,000 within months, forming new all-time highs as early as January 2026, alongside ETH targeting $5,500 to $15,000 by the end of 2025. Elsewhere, ARK Invest recently organized a podcast with Tom Lee, discussing BitMine’s rise to the top as a corporate Ethereum holder. Lee noted that this year is Ethereum’s ‘ChatGPT moment’ via tokenization and stablecoins, and he views ETH surpassing Bitcoin in market cap, becoming the base layer of Wall Street finance. BitMine Immersion Technologies, which is linked to Lee, has accumulated roughly 3.9 million ETH valued at $11.81 billion, marking it as the first public treasury firm. BitMine’s holdings represent approximately 3.28% of the total ETH supply. At the time of publication, ETH was trading at $2,985, representing a 4.3% drop over the past week. The price marks a roughly 42% decline from its ATH recorded in August. BTC was down 2.3% over the past week, trading at $88,232 at the time of publication. If you're reading this, you’re already ahead. Stay there with our newsletter .
BitMine’s growing Ether holdings are reshaping how investors assess the company’s balance sheet, risk exposure and equity valuation.
Does the price of XRP have enough strength to fix above $2?
Crypto Liquidations Reach $125M in 24 Hours as Shorts Outpace Longs by $3.56M (Coinglass Data, COINOTAG News)
Publicly traded firms are now stacking Ethereum, pulling in billions of dollars of ETH. These are the largest holders.