“Can anyone explain to me why companies are buying billions of dollars of bitcoin every week and the price is virtually unchanged over the last 6 months?”
“The whales who already own a bunch of Bitcoin are selling to these buyers to cash out their huge gains.”
“They’re buying billions and the price isn’t moving because this isn’t a market anymore – it’s a controlled ignition chamber.”
Then he broke it down point by point:
Basically, large investors like BlackRock and Fidelity are buying real bitcoin through special funds called ETFs. This isn’t just pretend money; these are actual coins being tucked away for the long term.
In 2025, public companies bought a record number of bitcoins, and these ETFs are seeing billions in new money come in. The coins are being taken off exchanges, so fewer are left for everyone else to buy or sell.
Here, SightBringer explains that most trading on big crypto exchanges doesn’t actually move real coins. Instead, it’s just “paper bitcoin” (IOUs or promises to deliver bitcoin later).
This means there’s a lot of trading, but not much real bitcoin changing hands. If everyone tried to take their coins out at once, things could get messy (think Silicon Valley Bank (SVB) in 2023). This makes the market seem bigger than it really is.
Echoing Schiff’s reply, in point 3, SightBringer means that large holders, known as whales, aren’t selling their old coins on the open market. Instead, they’re selling quietly to new buyers or moving coins to private wallets.
Big companies and funds don’t like wild price swings. They need stable prices to make sure everything works smoothly. BlackRock and others are even saying bitcoin is less volatile than before, which is good for them, as the asset becomes more credible to investors.
SightBringer maintains that the market is being manipulated, with the BTC price being held back on purpose. When it finally breaks out, it could go exponentially higher, and it might not come back down. That’s why the big players are getting ready now, so they’re in the best position when the real move happens.
“The real question isn’t “why isn’t it moving?” It’s: Who’s making sure it doesn’t and why?”