So, Bitcoin’s price is gradually transitioning out of its bearish cycle.
Besides, he noted $BTC reporting a 32% price recovery over the last 90 days, despite sitting below its $126,000 all-time high reached on October 6, 2025.
According to Zade, Bitcoin could eventually reach $176,000, provided institutional demand remains elevated and wider economic conditions improve.
Bitcoin whales accumulate as exchange outflows deepen
Bitcoin’s large holders continued moving considerable amounts of $BTC, supporting the accumulation story highlighted by Zade.
In particular, Lookonchain reported on an X post that five new wallets received 1,162 $BTC, worth roughly $96.77 million, from Wintermute within 12 hours.
Adding to the accumulation narrative, Bitcoin had recorded $116.14 million in weekly Spot net outflows at press time, reflecting more withdrawals than deposits across exchange platforms.
The weekly outflows implied reducing exchange-held supply, potentially limiting the amount of Bitcoin readily available for selling.
These developments notably echoed Zade’s remarks that larger investors were greatly in favor of long-term accumulation. He noted,
Furthermore, large Bitcoin holders have stopped selling, and coins are now flowing en masse into long-term accumulation wallets.
ETF inflows surge as corporate Bitcoin holdings grow
Aside from the accumulation narrative, participation around institutions also remained elevated across Bitcoin investment products.
Particularly, Bitcoin’s Spot ETFs recorded $175.69 million in daily net inflows at reporting time. The cumulative ETF net inflows hit $57.68 billion, while the total ETF assets stood at $109.03 billion.
Additionally, the daily ETF trading volume had reached $2.36 billion, suggesting improved activity across the regulated investment products.
Also noteworthy, the corporate accumulation remained significant, with 60 publicly traded companies collectively holding 1.27 million $BTC, valued nearly $105.53 billion.
The most recent weekly accumulation totaled 3,341.07 $BTC, worth approximately $288.94 million .
Notably, these developments correlated with Zade’s comments that institutional market players were becoming majorly influential in Bitcoin’s market structure.
Besides, the executive also identified $80,000 as a crucial institutional cost basis, arguing that established investors had reinforced that level as Bitcoin’s underlying support.
Final Summary
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MEXC CEO Vugar Usi Zade says Bitcoin has entered a sustainable bull cycle, with institutional adoption driving the shift.
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Five new wallets received 1,162 $BTC from Wintermute, Spot ETFs pulled in $175.69M in a day, and 60 public companies now hold 1.27 million $BTC.
