New Bitcoin Whales Emerge In Two Months – Institutional Demand Rising Again?
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is trading around critical demand levels after losing the key $81,000 support, a breakdown that has fueled further bearish momentum across the crypto market. The broader financial landscape remains volatile, as trade war fears and ongoing macroeconomic uncertainty continue to weigh heavily on investor sentiment. With global equities pulling back and risk appetite shrinking, cryptocurrencies have taken the brunt of the selloff — and Bitcoin is no exception. Despite the intense pressure, there are emerging signals that some long-term players still see value at these levels. According to recent data from Glassnode, 76 new entities holding over 1,000 BTC have joined the network in the past two months. This 4.6% increase in large holders — often associated with institutional players or high-net-worth individuals — adds a glimmer of hope amid the gloom. Historically, whale accumulation during downturns has preceded recovery phases in Bitcoin’s price cycle. Still, caution dominates the current landscape. If BTC fails to reclaim lost ground soon, the bearish outlook may strengthen. For now, all eyes remain on how Bitcoin reacts in the coming days as it hovers near key demand — and whether whale accumulation can offset broader market weakness. Bitcoin Hovers Near $76K As Institutional Accumulation Offers A Glimmer Of Hope Bitcoin is currently trading around $76,000 after several days of intense selling pressure and volatility. The broader market remains under stress as geopolitical tensions, economic uncertainty, and continued turbulence from US President Donald Trump’s aggressive trade and fiscal policies keep risk assets on edge. Crypto markets, in particular, have felt the full weight of investor fear, with Bitcoin now more than 30% down from its all-time high set earlier this year. As bearish sentiment dominates, many analysts expect further downside in…
Filed under: News - @ April 7, 2025 6:24 pm