NekoZz

Santiment: Historically, the best “recipe” for a bear pattern to flip to a bullish one is when large wallets accumulate, and retail dumps.
The second half of 2025 was dominated by aggressive accumulation by the small wallets, while large wallets essentially stayed flat (rising up to the Oct. ATH, then selling).

$BTC long-term holders have stopped selling for the first time since July.

Sentora: DeFi TVL was highly volatile this year, climbing to multi year highs in October. Although it has since pulled back meaningfully, the baseline remains well above last year’s levels, suggesting a more mature DeFi market with several major protocols consolidating and strengthening their positions.

Moving into Q2 for $SEI.
Regulated access came online. CoinShares launched a staked SEI ETP via Interactive Brokers, opening compliant exposure for traditional allocators.
This expanded SEI’s reach beyond crypto-native flows, lowered friction for institutional capital, and plugged the network directly into existing TradFi rails.

BTC is still trading below the Short-Term Holder Realized Price of $101,263, indicating that recent buyers are, on average, at a loss.