Finance blogger Mao Bidao revealed that his Bitcoin position has exceeded 55%, stating he will only buy and not sell for the next year and a half. In a November 3 comment-section reply, Bidao said he is "adding to his position along two dimensions" but did not clarify whether the 55% refers to the share of total assets or another measure. The bullish stance from the WeChat public account moomoocat comes amid ongoing institutional and retail accumulation trends in Bitcoin.