Recently, I noticed an interesting position update. A leading crypto fund Strategy currently holds 671,268 Bitcoin, with a book cost of $50.3B and an average acquisition price of $74,972.

What’s more noteworthy is that over the past two weeks, this fund has been increasing its positions intensively, with new purchases exceeding $2B. Honestly, this frequency and scale are quite significant—such continuous accumulation by major players in the crypto space often reveals market participants’ outlook on the future.

According to past patterns, after making large-scale acquisitions, they usually disclose their latest holdings periodically. Insiders suggest that there may be a new round of position data update next week. When the numbers are released, whether they continue to hit new highs could once again become a market focus.