The post Bitcoin At $105K Shows Retail Buys as Whales, LTHs Sell appeared on BitcoinEthereumNews.com.

Bitcoin, trading near $105K, sees retail buying as large wallets/LTHs reduce holdings. Long-Term Holder Net Position Realized Cap dropped $26B by end of May 2025. TRON (TRX) hit record monthly volume; Binance saw $1B stablecoin net outflows. Bitcoin’s recent rally, which saw prices test levels past $110,000, has raised questions about the composition of buyers sustaining such surges.  On-chain data shows that retail investors are playing a larger role in this phase of the market cycle, while long-term holders and large wallets appear to be scaling back. Retail Investors Drive Recent Bitcoin Activity as Large Holders Distribute Recent accumulation and distribution trends show a marked contrast between different Bitcoin wallet groups. Addresses holding between 1,000 to 10,000 BTC have been reducing their holdings as Bitcoin climbed from $81,000 to above $110,000. These wallets distributed their positions over the past two months, signaling profit-taking behavior. However, smaller wallets holding between 100 and 1,000 BTC have increased their holdings. These accounts frequently bought throughout the rally, taking in sell pressure and contributing to the upward price momentum.  This accumulation pattern shows that smaller entities, typically associated with retail investors, are driving a significant portion of recent market activity. Long-Term Holder Accumulation Declines Sharply in May The Net Position Realized Cap for long-term holders (LTH) dropped from over $28 billion to $2 billion by the end of May 2025.  This indicator reflects a sharp decline in the net addition of Bitcoin by these LTH entities. Furthermore, the data confirms these experienced holders are no longer adding to their positions in large volumes, despite significant price appreciation earlier in the period. Adding to this sentiment, Stablecoin netflows on Binance surpassed $1 billion in outflows during May, signaling a broader reduction in exchange-held liquidity. A decrease in stablecoin deposits often indicates that traders are moving…

---

Filed under: News - @ June 2, 2025 1:24 pm