Bitcoin (BTC) is witnessing a significant return of large investors as whales accumulate substantial amounts, signaling renewed institutional confidence
Bitcoin (BTC) is witnessing a significant return of large investors as whales accumulate substantial amounts, signaling renewed institutional confidence in the cryptocurrency market.
,
,
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
Whales Increasing Bitcoin Holdings by Withdrawing from Exchanges
Recent on-chain analysis indicates that Bitcoin whales are actively withdrawing coins from centralized exchanges, a behavior typically associated with long-term holding and confidence in price appreciation. The Netflow Ratio of Large Holders has shifted into negative territory, currently at -0.05, according to IntoTheBlock data. This metric reflects that more BTC is leaving exchanges than entering, underscoring a strong conviction among large holders to retain their assets rather than sell.
Supporting this trend, CoinGlass reports that over 67,854 BTC have exited major exchanges in the past week alone. Notably, Bitfinex saw an outflow of 25,368 BTC, Binance 10,291 BTC, and Coinbase 9,867 BTC. This mass migration of coins off exchanges reduces available supply for trading and often precedes upward price movements.
,
,
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: IntoTheBlock
,
,
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();
Source: CoinGlass
Buyer Dominance Evident in Taker Buy-Sell Ratios Across Exchanges
Market sentiment is further validated by the Taker Buy-Sell Ratio, which has remained above 1 for two consecutive days, indicating buyer dominance. CryptoQuant data shows that buyers have acquired approximately 8,680 BTC over this period, contributing to a positive market delta. This sustained buying pressure reflects growing confidence among retail and institutional participants alike, reinforcing the potential for a bullish breakout.
Source: CryptoQuant
Bitcoins Next Move: Sustaining Momentum or Facing Correction
Analysts at COINOTAG highlight that Bitcoins current buying momentum is a critical factor for its near-term price trajectory. Despite recent range-bound trading, the accumulation by whales and retail investors suggests a bullish outlook. Historical patterns show that increased demand often precedes significant price rallies, as seen during Bitcoins recent all-time high when 65,900 BTC were accumulated within 48 hours.
If this momentum persists, BTC could surpass the key resistance level at $107,000 and challenge the $109,000 zone, which has previously acted as a strong barrier. However, a decline in buying pressure might invite selling activity, potentially pushing Bitcoin below the $104,000 support level and down to $101,436. Market participants should monitor these levels closely to gauge the sustainability of the current trend.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
9.08
8.97
8.15
0.00