"Bitcoin (CRYPTO: BTC) whales started accumulating again after the latest market correction. On-chain data shows major wallets loading up billions in BTC while retail investors stayed on the sidelines. Analysts are asking: Is another rally building? Or are whales just repositioning ahead of more volatility? With institutional flows returning and long-term holders tightening supply, whale behavior could determine where Bitcoin's price goes next."
"TradingView analysis shows large holders quietly bought roughly four times the weekly mining supply during recent dips. Whales adding $3 billion in coins while smaller traders panic-sold shows how the market is split between confident long-term holders and short-term sellers. This reversal matters. When institutional ETF demand returns, it often translates into upward price pressure. BlackRock's Bitcoin ETF alone manages nearly $90 billion, and Fidelity another $23 billion. Even modest percentage inflows from such pools can move BTC's price by multiple points."
"Major financial firms and corporations are also increasing their BTC holdings. SEGG Media launched a $300 million Bitcoin treasury, and other companies following MicroStrategy's lead view BTC as an alternative reserve asset. These institutional allocations may be feeding whale-level accumulation. JPMorgan projects Bitcoin may reach $170,000 within a year as monetary easing resumes. Others, including Anthony Scaramucci, Marshall Beard, and Tom Lee, also forecast six-figure prices in the near term."
Large holders resumed accumulation after the recent correction, with on-chain data showing major wallets adding billions while retail investors remained sidelined. TradingView analysis indicates whales bought roughly four times the weekly mining supply during dips, adding about $3 billion in coins as smaller traders panic-sold. Institutional ETF demand and corporate treasuries are returning, with BlackRock's Bitcoin ETF near $90 billion and Fidelity around $23 billion; SEGG Media launched a $300 million Bitcoin treasury. Analysts project six-figure targets and JPMorgan forecasts $170,000 within a year, though rising U.S. bond yields or global shocks could halt buying.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]