Wintermute says 4-year BTC halving cycle is over, based on 2025 OTC data: institutions focused on $BTC/$ETH, alt rallies avg 20 days (vs 60 in 2024). 3 triggers for 2026 recovery: broader ETFs (Solana/XRP), BTC/ETH rallies, retail return. Ethereum added 393k wallets Jan 11.

BTC-1,27%
ETH-4,65%
SOL-2,37%
XRP-1,28%
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