Cryptocurrency Fear Index rises to 11, market "Extreme Fear" sentiment slightly alleviated

Bitcoin's rebound is weak, Glassnode warns that selling pressure will persist in the coming months

February 25 News, Bitcoin has fallen about 28% this month. Although recent prices are close to previous highs, blockchain analytics firm Glassnode warns that there may still be downside pressure in the next 5 to 6 months. The Glassnode report shows that the realized profit and loss ratio (RPR) of Bitcoin, measured by the 90-day moving average, has fallen below 1. This indicator typically reflects market selling pressure and investor sentiment. Historical data indicates that when the profit and loss ratio falls below 1, a bear market usually lasts at least six months. The company notes that a rebound in the profit and loss ratio above 1 generally means that selling pressure has eased.

In Q4 2025, Bitcoin ETF sales reach 25,000 units, revealing hedge fund strategic adjustments

On February 25, news reports indicated that the Bitcoin market experienced volatility in the fourth quarter, with hedge funds and financial advisors becoming the main selling forces. Analyst James Seyffart pointed out that institutions reduced approximately 25,000 Bitcoins through Bitcoin ETFs, demonstrating a cautious asset management strategy at the end of the year. This reduction is not a panic move but a strategic adjustment by institutions based on risk control and profit locking. As macroeconomic uncertainties increase, with fluctuating interest rate expectations and changes in government bond yields, funds are choosing to reduce exposure to high-beta assets to maintain portfolio stability.

Wall Street plans to purchase 829,000 Bitcoins in 2025, marking BTC's entry into the mainstream financial era

February 25 News, Bitcoin is迎来 a new era of institutional adoption. Reports show that by 2025, Wall Street institutional investors will have accumulated 829,000 Bitcoins, marking a shift of Bitcoin from a fringe speculative asset to a strategic reserve asset. Large asset management firms, hedge funds, and corporate finance departments are all incorporating Bitcoin into their long-term asset allocations, highlighting confidence in its scarcity and potential value. The large-scale purchases by institutional investors are driven by inflation pressures, macroeconomic uncertainties, and the gradually clarifying regulatory framework. Bitcoin's fixed supply of 21 million coins provides predictability for investment portfolios, while transparent cryptocurrency custody and tax policies reduce barriers to institutional participation. This strategic buying not only reflects trust in digital gold but also prompts a structural reallocation of capital within investment portfolios.

Bitcoin bear market lasts five months, with 74% of long-term holders' profits quickly shrinking

February 25 News, Bitcoin price has fallen approximately 50% from its all-time high, and 74% of long-term holders' profits are rapidly shrinking. CryptoQuant analyst Darkfost pointed out that as Bitcoin price approaches cost basis, the average profit of long-term holders continues to decline, a trend that usually signals the arrival of the bear market capitulation phase. Glassnode reports that the 90-day moving average of realized profit and loss for Bitcoin has fallen below 1, indicating the market has entered an excess loss realization phase. Historical data shows that such a bear market lasts at least six months before market liquidity begins to recover. Analyst James Check noted that Bitcoin has been declining for nearly five consecutive months, with weekly volatility soaring above 150%, and the weekly Relative Strength Index (RSI) also at historically oversold levels. Large amounts of Bitcoin at high price levels are flowing to new holders.

A certain whale exchanges 205 BTC for 6,973 ETH

Odaily Planet Daily reports that, according to Lookonchain monitoring, within the past 5 hours, a certain whale (0x2bd7) exchanged 205 BTC (worth $13.45 million) for 6973 ETH at an exchange rate of 0.02944.