Bitcoin’s Price Surge: New Whales Enter at 185% Premium
Recent on-chain data highlights a significant divergence in Bitcoin acquisition costs between short-term and long-term holder whales. As of July 9, 2025, new entrants are purchasing BTC at an average realized price of $91,900—a staggering 185% premium compared to the cost basis of veteran whales. This development underscores the growing bullish sentiment among institutional and high-net-worth investors, who are willing to pay nearly triple the price to accumulate Bitcoin. The realized price metric, which tracks the average purchase price across the network, reveals that short-term whales are absorbing coins at unprecedented levels, signaling strong demand and potential upward momentum for the cryptocurrency. This trend could further solidify Bitcoin's position as a dominant asset in the digital finance sector, attracting even more capital inflows in the near future.
New Bitcoin Whales Enter Market at 185% Premium to Long-Term Holders
Recent on-chain data reveals a stark divergence in acquisition costs between Bitcoin's short-term and long-term holder whales. New entrants are purchasing BTC at an average realized price of $91,900—nearly triple the cost basis of veteran whales.
The realized price metric, which tracks the average purchase price across the network, shows short-term whales absorbing coins at prices 185% above their long-term counterparts. This premium suggests either aggressive conviction in near-term upside or potential vulnerability to downside volatility.
Market observers note the dichotomy reflects growing institutional participation through spot ETFs alongside steadfast HODLer accumulation during bear markets. The $91,900 cost basis now serves as a critical support level for this new cohort.
Bitcoin Network Sees Surge in New Addresses as Price Tops $103,000
Bitcoin's rally past $103,000 has triggered a wave of new investor interest, with 344,620 fresh addresses appearing on the network. On-chain analytics firm Santiment reports a sharp uptick in Bitcoin's Network Growth metric, which tracks daily address creation.
The surge suggests both new entrants and returning holders are flooding into the market. Network Growth spikes typically occur during periods of heightened price action, reflecting either FOMO-driven participation or strategic accumulation by seasoned investors.
Bitcoin Surges Past $100K Amid Short Liquidations and Shifting Sentiment
Bitcoin breached the $100,000 threshold for the first time in months, currently trading at $102,922—a 3.5% daily gain and just 5.2% below its January all-time high of $109,000. The rally marks a decisive break from weeks of consolidation between $93,000 and $98,000.
Derivatives data reveals a pivotal shift: positive funding rates emerged after Binance's short liquidation clusters removed downward pressure. "These events act like a coiled spring," noted CryptoQuant's Amr Taha, highlighting how forced buybacks flipped trader positioning from bearish to bullish almost overnight.
Goldman Sachs Boosts Bitcoin ETF Stake by 28%, Now Holds $1.4B in BlackRock's IBIT
Goldman Sachs has significantly increased its exposure to bitcoin through traditional financial instruments, raising its stake in BlackRock's iShares Bitcoin Trust (IBIT) by 28%. The Wall Street giant now holds 30.8 million shares worth over $1.4 billion, according to a recent SEC filing.
The MOVE positions Goldman as the largest institutional holder of IBIT, surpassing other major investors like Brevan Howard. This aggressive accumulation signals growing institutional confidence in Bitcoin's role as a mainstream asset class.
Other notable firms including Jane Street and D.E. Shaw have also established positions in IBIT, reflecting broader Wall Street adoption of cryptocurrency exposure through regulated vehicles.
3 Reasons Why a New Bitcoin (BTC) ATH Is Incoming
Bitcoin's rally past $104,000 signals growing bullish momentum, fueled by sustained exchange outflows and market optimism. The cryptocurrency's 33% monthly gain reflects institutional confidence, though overbought RSI levels suggest potential near-term volatility.
Exchange netflows have turned decisively negative, indicating accumulation rather than distribution. This on-chain metric historically precedes major price advances when accompanied by rising social sentiment, as currently observed across crypto trading communities.
Market structure appears to favor continuation, with derivatives markets showing healthy open interest growth without excessive leverage. The absence of parabolic futures premiums suggests this rally differs from previous speculative spikes, potentially laying groundwork for sustainable ATH突破.
Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says
Bitcoin is showing early signs of a trend reversal after weeks of downward pressure, according to a CryptoQuant analysis by contributor burakkemeci. The cryptocurrency surged past $100,000 yesterday for the first time since February 3, now trading just 5.2% below its January all-time high of $108,786.
The Bull-Bear Market Cycle indicator suggests potential bullish momentum as BTC rebounds over 20% from its April 6 low of $74,508. Market watchers are now closely monitoring whether this marks the beginning of a sustained upward trajectory for the flagship cryptocurrency.
