最新报道:According to Bijie.com, QCP Capital stated on social media on October 6th that Bitcoin continued its record-breaking rally, breaking through $125,000 during a weekend of thin liquidity. This surge was not driven by significant institutional funds. This rally demonstrates that even at high levels, Bitcoin maintains strong non-institutional demand. Unlike the previous two breakthroughs above $123,000, there was no concentrated selling by traditional large wallets the following day. This may indicate that large holders have completed asset rotation or are holding onto their holdings, anticipating a potential October breakout. Currently, perpetual contract funding rates on the main trading platform remain high: 35% on Deribit and 29% on Hyperliquid, indicating aggressive market positioning. However, the current spot-to-futures spread continues to widen, increasing the risk of a sharp decline—just as the nearly $3 billion in long positions liquidated two weeks ago created an ideal entry point for institutions.