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Bitcoin Whale Accumulation Signals Imminent Push Toward $100K

Bitcoin Whale Accumulation Signals Imminent Push Toward $100K

Published:
2025-05-07 13:04:16
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Bitcoin whale accounts have deposited 81,338 BTC over six weeks, signaling strong bullish sentiment as the cryptocurrency consolidates NEAR $97,650. With derivatives markets reflecting growing confidence and long positions reaching $2.14 billion, analysts anticipate a decisive breakthrough toward the $100,000 mark.

Bitcoin Whale Accumulation of 81,338 BTC Signals Strong Push Toward $100K

Bitcoin whale accounts have deposited 81,000 BTC over six weeks, a clear signal of bullish sentiment in the market. The cryptocurrency has shattered critical resistance levels, now consolidating near $97,650 with immediate resistance at $98,000.

Derivatives markets reflect growing confidence, with long positions reaching $2.14 billion, outpacing shorts. A recent corrective phase saw BTC dip below $95,500, testing support at $94,000 before rebounding sharply. The recovery breached key technical levels, including a bearish trendline at $94,750 on the hourly chart.

BlackRock Bitcoin ETF Inflow Surpasses Gold ETF in 2025

Institutional investors are pivoting decisively toward Bitcoin, with BlackRock’s iShares Bitcoin Trust (IBIT) now outpacing the SPDR Gold Trust (GLD) in 2025 inflows. The shift underscores growing confidence in BTC as a macro asset despite gold’s short-term price outperformance.

Gold has delivered steady monthly gains this year, including a 14.83% surge in mid-April. Bitcoin’s trajectory has been more volatile, with February seeing a 17.5% drop before April’s 14.2% rebound. Yet the ETF Flow reversal tells a different story—one of institutional conviction transcending price fluctuations.

Bitcoin Accumulation Strengthens as BTC Approaches Key Resistance

Bitcoin has gained 3% since the start of May, building on a 14% rally in April. The uptick comes as exchange-traded fund inflows accelerate and institutional accumulation provides steady market support.

On-chain data reveals both short-term and long-term holders are increasing their BTC positions. Long-term holders—those with coins untouched for at least 155 days—have added over 250,000 BTC since March, pushing their total holdings above 14 million BTC.

Short-term holders, typically more sensitive to price swings, began accumulating more aggressively in recent weeks. The coordinated accumulation across both cohorts suggests growing conviction in Bitcoin’s upward trajectory.

Bitcoin ETFs See First May Outflow After Strong Inflow Streak

Spot Bitcoin ETFs recorded an $85.7 million outflow on May 6, breaking a four-day streak of bullish inflows that had dominated the first week of May. The reversal follows substantial inflows earlier in the week, including $422.5 million on May 1, $674.9 million on May 2, and $425.5 million on May 5.

BlackRock’s IBIT led the charge during the inflow period, cementing its dominance among ETF products. The fund’s momentum peaked in late April with a record $970.9 million single-day inflow, pushing its holdings past 3% of Bitcoin’s total circulating supply.

While the recent outflow remains modest compared to last week’s activity, it signals potential cooling in institutional demand. Market observers now watch whether this marks a temporary pause or the beginning of a broader trend shift.

Bitcoin Reclaims $97,000 Ahead of FOMC: Will Bulls Push the BTC Price to $100K This Week?

Bitcoin’s price surge continues as bulls solidify their grip on the market, propelling the cryptocurrency toward new highs. The rally gains momentum ahead of the Federal Open Market Committee (FOMC) meeting, where the Federal Reserve’s interest rate decision looms large. Markets are pricing in a pause, but volatility is expected to spike during Fed Chair Jerome Powell’s speech.

The Fed’s tone, rather than the rate decision itself, could dictate Bitcoin’s next move. Historically, BTC has risen ahead of FOMC meetings, and this time appears no different. With upward momentum intact, traders are eyeing the $100,000 psychological threshold as the next target.

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