Giant Hand Pours in $243 Billion… Will Bitcoin Break Through the $82,000 Wall and Soar?

▲ Bitcoin (BTC) ©Godasol

'Conviction investors,' who have supported Bitcoin (BTC)'s strong downside rigidity, are changing the market landscape by making a record accumulation of $243 billion this year alone.

According to the cryptocurrency media outlet Finbold on May 13 (local time), the Bitcoin holdings of conviction investors, a group of large institutions and investors with low on-chain activity and a strong long-term holding tendency, have tripled since the beginning of the year. An analysis of BitGo's on-chain data shows that they have increased their year-to-date (YTD) holdings by approximately 300%, now securing around 4,000,000 BTC. Notably, this group gradually realized profits from February 2023 to October 2025, and then added approximately 3,000,000 BTC to their portfolios this year alone.

This accumulation is notable for being more aggressive than at any time since the 2021 bull market. Conviction investors are absorbing supply at a much faster pace than during the market crash caused by COVID-19 or the massive sell-off periods of 2018-2019. Experts diagnose that this unprecedented pace of accumulation could be a key signal to shorten the current bear market and usher in a strong bull rally in the near future.

However, fear still lingers among futures markets and short-term traders. According to the prediction platform Kalshi, there are strong voices predicting further capitulation as Bitcoin is blocked by a strong resistance level near $82,000. Indeed, the probability of Bitcoin's price falling back below $60,000 this year increased by 3% from the previous day to 47%, and the probability of it dropping below $55,000 also reached 37%.

Nevertheless, the 'all-in buying' actions of conviction investors are acting as a strong defensive barrier, offsetting the selling pressure from leveraged traders. Historically, their aggressive accumulation is a characteristic behavioral pattern seen at the tail end of a macroeconomic bear market. This suggests that, despite short-term market volatility, Bitcoin's long-term fundamentals are being further solidified by institutional capital.

In conclusion, Bitcoin has now entered a phase where the pessimism of short-term traders and the optimism of large capital are in direct collision. As conviction investors are supporting the downside by injecting an astronomical $243 billion, experts lean towards the possibility that the current stagnation is the final bottoming-out process for a major uptrend. Meanwhile, positive market news, such as the International Bank for Finance officially confirming XRP (Ripple) as a payment network, is overlapping, raising expectations for a major turnaround in the virtual asset market in the second half of 2026.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*