Bitcoin Whales Resume Accumulation Amid Market Stabilization
Recent on-chain data reveals a notable divergence in Bitcoin's market behavior, with whales resuming accumulation even as long-term holders continue to sell. Despite a slight 0.5% daily dip, Bitcoin's price has stabilized around $103,600, leading to a marked decline in whale inflows to exchanges like Binance. This suggests that large holders are reducing their exchange deposits, opting instead to hold their assets. The realized cap for Bitcoin has grown by $30 billion in April 2025, though it still trails the peak seen in November. This holding pattern among whales indicates a potential bullish sentiment, as they appear to be betting on future price appreciation. The market dynamics highlight a complex interplay between accumulation and distribution, with whales seemingly undeterred by the sell pressure from long-term holders. As of July 2025, these trends could signal a strengthening foundation for Bitcoin's price, provided the accumulation continues and market conditions remain favorable.
Bitcoin Whales Resume Accumulation Despite Long-Term Holder Sell Pressure
Bitcoin's on-chain dynamics reveal a divergence between whale accumulation and long-term holder distribution. Whale inflows to Binance have declined markedly as prices stabilized NEAR $103,600, suggesting large holders are reducing exchange deposits despite the 0.5% daily dip. This holding pattern emerges as Bitcoin's realized cap grows $30 billion in April, though still trailing November's peak.
The market shows subtle signs of supply tightening as long-term holders liquidate portions of their positions for the second time this month. Such behavior typically precedes volatility, yet whale restraint indicates confidence in higher price trajectories. Binance's dwindling whale inflows mirror this strategic patience among major players.
Ukraine Nears Historic Bitcoin Reserve Launch with Binance Support
Ukraine is poised to become Europe's first nation to establish a Strategic bitcoin Reserve, with legislation nearing parliamentary submission. Deputy Finance Committee Chair Yaroslav Zhelezniak confirmed the bill's advanced stage, signaling a landmark move in state-level crypto adoption.
The war-torn country has emerged as a crypto pioneer, leveraging digital assets for humanitarian and defense funding during its conflict with Russia. Over $100 million in cryptocurrency donations flowed to Ukraine in 2022-2023, demonstrating blockchain's strategic utility in crisis response.
Binance's involvement underscores institutional confidence in Ukraine's crypto framework. The exchange's partnership with Kyiv has strengthened since providing critical infrastructure for wartime crypto donations, now evolving into formal treasury management collaboration.
Bitcoin Eyes Breakout as Technical Indicators Turn Bullish
Bitcoin is poised for a potential breakout, trading near $103,800 after holding steady above the crucial $103,000 support level. The 50-day EMA is inching toward the 100-day EMA, hinting at a bullish crossover—a classic precursor to sustained upward momentum. Recent price action has consistently found support at the 26 EMA, underscoring buyer conviction.
Key resistance sits at $104,000, but the make-or-break level remains $103,500. A decisive close above this threshold with volume confirmation WOULD neutralize short-term bearish patterns and cement bullish control. Such a move could catalyze a rapid ascent toward Bitcoin's all-time high near $109,000 within days.
Technical studies align with this optimistic scenario. The convergence of moving averages and robust support levels paints a compelling picture of gathering strength. Market participants are watching for volume-backed confirmation to validate the breakout thesis.
Bitcoin Faces Short-Term Bearish Pressure After Testing $105K Resistance
Bitcoin's price action shows signs of fatigue after failing to sustain momentum above $105,000. The leading cryptocurrency now trades below both the $103,800 level and its 100-hour moving average, with technical indicators suggesting potential for further downside.
A critical bullish trendline break at $103,600 on BTC/USD charts signals weakening momentum. Market participants await either a decisive breakout above resistance or confirmation of deeper correction toward support levels.
Semler Scientific Expands Bitcoin Holdings to 3,808 BTC Despite $65M Loss
Semler Scientific, a healthcare company, reported a $65 million loss in its latest financial update while simultaneously growing its Bitcoin treasury to 3,808 BTC. The firm's Bitcoin holdings are now valued at approximately $395 million, reflecting a 22% year-to-date yield.
Eric Semler, chairman of Semler Scientific, emphasized the company's strategy of using operating cash FLOW and financing proceeds to accumulate Bitcoin. "We continue to accretively grow our Bitcoin arsenal," Semler stated. The company has also launched a public dashboard to provide real-time updates on its BTC holdings and key performance metrics.
In Q1 2025, Semler acquired an additional 174 BTC for $17.8 million, further solidifying its position as a corporate Bitcoin holder. The MOVE underscores growing institutional confidence in Bitcoin as a treasury asset.
Arthur Hayes Maintains $1 Million Bitcoin Target While Hedging Bets
Bitcoin bull Arthur Hayes reaffirmed his $1 million price target for the cryptocurrency while revealing tactical short positions in a Thursday essay. The BitMEX co-founder's contrarian strategy emerges as he critiques systemic parallels between America's obesity crisis and monetary policy excesses.
"Fatty Fatty Boom Boom" draws direct comparisons between Federal Reserve money printing and processed food industries, arguing both prioritize short-term corporate gains over long-term stability. Hayes' analysis suggests macroeconomic imbalances necessitate hedging even his most bullish crypto convictions.
