In just seven days, 25 new large holders, or "Bitcoin whales," have quietly emerged, accumulating significant amounts of the cryptocurrency. What's motivating these investors to quietly buy BTC this week?
During the last week of July, the Bitcoin ecosystem saw intense movement: 25 new entities reached "whale" status, meaning they hold at least 1.000 BTC. According to data from Glassnode, this jump brings the total number of whales to a new level. of 1.392 to 1.417, marking one of the highest peaks of the year.
But what's interesting about this isn't just the amount of Bitcoin accumulated by these whales, but that this buying trend has also been seen at the other end of the spectrum: small investors or "shrimps," who own less than 1 BTC. The data shows a clear alignment between both groups, indicating that beyond the size of the investment, there is a shared conviction that Bitcoin is entering a strategic phase of revaluation.
Furthermore, it is crucial to highlight that this accumulation It does not come from movements within exchanges or miners., but rather from genuine investors who are buying and holding Bitcoin for the long term. This adds weight to the idea that the market is seeing real and deep interest, and not simply speculative or technical trading. On the other hand, this scenario suggests that both financial giants and smaller enthusiasts are banking on Bitcoin for the near future, possibly anticipating that this cryptocurrency could surpass its all-time highs or consolidate its value in a sustained bullish phase.
BUY BITCOIN ON BIT2MEWho are these new Bitcoin whales and what motivates them?
Although the specific identities of these 25 new Bitcoin whales have not been revealed, analysts agree that many of them are not entirely new players. Many speculate that they may be institutional funds, corporations, and family offices that had remained cautious in recent months and are now reactivating their Bitcoin positions.
Source: Glassnode
Bitcoin's proximity to its all-time high of $123.091, with a price hovering around $118.000 last week, appears to have been a catalyst for this growth in the number of BTC whales. According to analysts, these levels have proven to be psychologically attractive for large holders, who continue to see tangible profits and anticipate renewed bullish momentum in the market despite the recent correction to $113.000.
Furthermore, as reported by this outlet, the pace of bitcoin acquisition by retailers is overcoming the issuance of the network's miners, according to on-chain data. This imbalance between supply and demand reinforces the narrative of scarcity of Bitcoin, one of the fundamental pillars of the cryptocurrency's value.
At the same time, as the first half of the year comes to a close, many institutional funds are taking the opportunity to make adjustments to their portfolios, and Bitcoin has been one of the assets that benefited from these movements. Investment funds and ETFs often reevaluate and redistribute their positions at this time, and cryptocurrency appears to have gained prominence in these decisions.
PREPARE YOUR WALLET HEREInstitutional trust shapes the Bitcoin market
The impact of this massive accumulation of Bitcoin by whale entities has not been long in coming. As large investors accumulate large amounts of Bitcoin, the market begins to take on a more optimistic tone. More optimisticThis massive accumulation creates a psychological domino effect: when small investors see institutions betting heavily, their confidence also grows, stabilizing the volatility that typically characterizes this cryptocurrency.
On the other hand, experts have pointed out that this time, it's not just a reaction to a one-off or political event, as seen in the November 2024 US presidential election, but rather a profound shift in how Bitcoin is perceived.
Although the US regulatory environment is evolving towards cryptocurrencies, with significant advances in the positions of agencies such as the SEC, the CFTC and the OCC, among others, the truth is that Bitcoin is no longer seen only as a speculative asset, but is gaining ground as a reliable store of value, similar to gold in the traditional financial world. The ATS score, which measures how quickly orders are traded in the market, is close to a point indicating a shortage of supply, something that often precedes bullish moves.
Thus, institutional trust is not only shaping the current dynamics of the Bitcoin market, but is also laying the groundwork for more sustained and less erratic growth. This structural shift suggests we are entering a new era of greater maturity and consolidation, where the perception of Bitcoin as a serious and reliable asset reinforces its long-term impact on the financial ecosystem.
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What to expect for the price of Bitcoin in 2025?
In short, the emergence of 25 new Bitcoin whales in just seven days is no small feat; it reflects an accumulation trend that could have profound implications for the cryptocurrency's price for the remainder of the year. If buying pressure continues and supply continues to decline, BTC is likely to attempt to surpass its all-time high of $123.091 in the coming months.
The most optimistic analysts, taking this trend into account, estimate that the BTC price could even climb to a range between $135.000 and $200.000 by the end of the year, provided this buying pressure continues. However, not everyone shares this enthusiasm. Some analysts point out that without new external drivers, Bitcoin's price growth could remain in a more modest range, between $110.000 and $130.000.
What's indisputable here is that interest and confidence in Bitcoin remain strong. The combination of large investors reinforcing their positions with silent purchases and the active participation of retail investors is laying the groundwork for a new market cycle. In this environment, large whales are not only participating, but are also guiding the course of Bitcoin's price in 2025.
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