Here’s Why Bitcoin’s Price Doesn’t go up Despite Massive ETF and Corporate Buys
2025-07-04 08:57:33
Main Idea
Early Bitcoin whales have sold over 500,000 BTC in the past year, while institutional inflows into U.S. spot Bitcoin ETFs have matched this sell-off, indicating a shift in Bitcoin ownership from individual whales to institutional investors.
Key Points
1. Early Bitcoin whales offloaded more than 500,000 BTC (worth ~$50 billion) in the past year.
2. Institutional inflows into U.S. spot Bitcoin ETFs have nearly matched the sell-off by whales.
3. Some whales are reportedly exiting the crypto market through stock-linked financing deals ('in-kind' transfers).
4. Institutional buyers, led by ETFs and Michael Saylor’s MicroStrategy, now hold 4.8 million BTC (~25% of circulating supply).
5. MicroStrategy alone holds 597,323 BTC (~$65 billion), surpassing government-held BTC (527,648 BTC) but less than public companies (848,608 BTC).
6. Five years ago, 2% of anonymous accounts controlled 95% of Bitcoin, indicating a shift in ownership distribution.
7. Bitcoin's volatility has decreased, with recent trading showing a narrow 24-hour range (~$108,871–$110,386).
Description
Early Bitcoin (BTC) whales have reportedly offloaded more than 500,000 BTC, worth about $50 billion at current rates, in the past year, an exit matched by institutional inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and corporate treasuries. The churn, detailed in a recent Bloomberg piece, has kept the king cryptocurrency near its record highs while suppressing its more volatile nature, signaling a fundamental shift from speculative asset to institutional holding. The Great Bitcoin ...
Latest News
- XRP, ADA, DOGE: Here’s How They Can Surge by Double Digits2025-07-04 11:45:19
- US Lawmakers Plan ‘Crypto Week’ for July 14 to Tackle Major Bills2025-07-04 11:30:35
- Crypto Price Analysis July-04: ETH, XRP, ADA, SOL, and HYPE2025-07-04 11:12:15
- Ripple (XRP) Price Predictions, Recent Binance Changes, and More: Bits Recap July 4th2025-07-04 10:10:33
- Here’s Why Bitcoin’s Price Doesn’t go up Despite Massive ETF and Corporate Buys2025-07-04 08:57:33