Bitcoin Nears $123K Amid Profit-Taking Signals, Long-Term Holders and ETF Demand Support Bullish Outlook
2025-07-15 11:46:02
Main Idea
Bitcoin reaches a new all-time high of $123,000, triggering short-term profit-taking but long-term holders and institutional investors remain confident, supporting market stability.
Key Points
1. Bitcoin hits a new all-time high of $123,000, leading to increased exchange inflows and short-term profit-taking.
2. Long-term Bitcoin holders show minimal selling activity, reinforcing market confidence and stability.
3. Institutional wallets and Bitcoin ETF inflows continue to grow, indicating sustained bullish sentiment.
4. Ethereum ICO participant moves 4,900 ETH worth $14.6 million, highlighting significant whale activity.
5. BlackRock’s Bitcoin ETF sees a surge in inflows in Q2 2025, suggesting growing institutional interest.
Description
Bitcoin recently surged to an unprecedented $123,000, marking a significant milestone in the cryptocurrency market and sparking increased activity on exchanges. Despite short-term profit-taking indicated by rising exchange inflows, long-term
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