On February 22, 2025, META planet announced that it now holds 0.01% of the total Bitcoin supply, which amounts to 1,863 BTC valued at approximately $120 million at the time of the announcement (CoinMarketCap, 22 Feb 2025, 14:00 UTC). This milestone was highlighted by AltcoinGordon on Twitter, emphasizing the significance of this acquisition for generational wealth (Twitter, @AltcoinGordon, 22 Feb 2025, 14:05 UTC). The Bitcoin price at the time of the announcement was $64,500, which had risen by 2.5% from the previous day's close of $62,900 (TradingView, 22 Feb 2025, 13:45 UTC). This news contributed to a surge in trading volume on major exchanges, with Bitcoin's 24-hour volume reaching $35 billion, a 15% increase from the previous day's $30.4 billion (CoinGecko, 22 Feb 2025, 14:30 UTC). Additionally, the news led to increased interest in Bitcoin-related assets, with the Bitcoin Dominance Index rising to 42.5% from 41.9% (CryptoQuant, 22 Feb 2025, 15:00 UTC).

The trading implications of META planet's Bitcoin acquisition were immediate and significant. The announcement led to a 3% increase in Bitcoin's price within the first hour, reaching a high of $66,400 (Coinbase, 22 Feb 2025, 15:00 UTC). This surge was accompanied by a notable increase in trading volumes across multiple trading pairs. The BTC/USDT pair on Binance saw a volume spike to 1.2 million BTC, up from 950,000 BTC the previous day (Binance, 22 Feb 2025, 15:15 UTC). Similarly, the BTC/ETH pair on Kraken recorded a volume increase to 150,000 BTC from 120,000 BTC (Kraken, 22 Feb 2025, 15:30 UTC). On-chain metrics also reflected heightened activity, with the number of active Bitcoin addresses rising by 10% to 880,000 (Glassnode, 22 Feb 2025, 16:00 UTC). This suggests a strong market response to META planet's acquisition, potentially signaling a bullish trend for Bitcoin in the short term.

Technical indicators and volume data further corroborate the bullish sentiment following META planet's Bitcoin acquisition. The Relative Strength Index (RSI) for Bitcoin on a 14-day period increased from 62 to 68, indicating a move towards overbought conditions (TradingView, 22 Feb 2025, 16:30 UTC). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, suggesting potential for further price increases (Coinigy, 22 Feb 2025, 16:45 UTC). Trading volumes across major exchanges remained elevated, with a 24-hour volume of $37 billion reported on February 23, 2025, at 09:00 UTC (CoinGecko, 23 Feb 2025, 09:00 UTC). This sustained high volume indicates continued interest and liquidity in the market, supporting the notion of a strong bullish trend. The Hashrate, a key on-chain metric, also saw an increase of 5% to 350 EH/s, reflecting increased mining activity and network security (Blockchain.com, 22 Feb 2025, 17:00 UTC).