US Adopts Global Crypto Reporting Standards as El Salvador Buys $100M Bitcoin

**Coordinated accumulation signals market confidence** Two key Bitcoin holder groups are showing unusual alignment in their market behavior: - Miners have **stopped selling** their BTC holdings since February - Whales accumulated **270,000 BTC** over the past 30 days - the largest buying spree since 2013 - Exchange reserves dropped to **2.679 million BTC**, the lowest level since December 2017 This convergence suggests both sophisticated mining operations and large-scale investors are reaching similar conclusions about current price levels. The combination of reduced miner selling pressure and aggressive whale accumulation is creating a supply squeeze, with available Bitcoin on exchanges continuing to decline.

Bitfinex has integrated Celo blockchain support for XAUT token deposits and withdrawals, enabling mobile-first access to tokenized gold. **Key Details:** - XAUT tokens are backed 1:1 by physical gold and redeemable at any time - Over $3 billion in tokenized gold now accessible via mobile devices - Celo's mobile-optimized infrastructure allows gold transfers in seconds - Previously, buying gold required brokers and business day processing times The integration provides another route for users to access and transfer tokenized gold holdings through Bitfinex's platform. [Read the full announcement](https://bitfinex.com/post/?id=1177)

**Market Volatility Triggers Major Liquidations** The collapse of US-Iran talks sparked a dramatic market move, resulting in $218 million in short liquidations. The short-to-long ratio stood at 4:1, indicating heavy bearish positioning before the reversal. **Strategy's Strategic Accumulation** - Strategy's STRC absorbed significant selling pressure on April 14 - Acquired an estimated 9,553 BTC in a single day - This accumulation helped support Bitcoin's move above $75,000 **Market Analysis** Bitfinex Alpha examines the factors sustaining Bitcoin's position above the $75,000 level, with STRC's buying activity playing a notable role in market stability. [Read the full analysis](https://blog.bitfinex.com/bitfinex-alpha/strc-is-the-quiet-hand-behind-bitcoins-move/)

**60% of Bitcoin supply remains unmoved** for over a year, while liquid supply available to meet current demand has declined since November 2025. **Key metrics:** - The 1-6 month holding cohort represents 22.1% of supply - Institutional holders comprise a significant portion of this active layer - Available supply at current price levels continues to compress This concentration of holdings among longer-term holders and institutions reduces the amount of Bitcoin readily available for trading, potentially affecting price discovery and market dynamics.

Bitfinex has integrated options trading capabilities through a partnership with Thalex Global. **Key Details:** - Bitfinex Derivatives customers now have direct access to Thalex's full range of options and futures products - The integration expands trading flexibility for users on the platform - This builds on Bitfinex's existing derivatives offerings The partnership allows traders to access sophisticated options strategies alongside traditional spot and futures trading on one of the industry's established exchanges.