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Massive Whale Transfer Sparks Buzz as Bitcoin Eyes New ATH—Will BTC Break Records This Weekend?

2025-07-04 08:56:52

Massive Whale Transfer Sparks Buzz as Bitcoin Eyes New ATH—Will BTC Break Records This Weekend?

Main Idea

Bitcoin's price is trading near recent highs around $109,100, with modest volatility and a weekly gain of 1.4%, driven by institutional inflows via US spot Bitcoin ETFs, while significant transfers of USDT, USDC, and XRP, along with a dormant BTC whale's activity, raise market attention.

Key Points

1. Bitcoin price fluctuated between $108,800 and $110,550 in the past 24 hours, showing sustained volatility.

2. Weekly gain of 1.4% attributed to institutional interest, with US spot Bitcoin ETFs attracting over $400 million in inflows, led by Fidelity’s FBTC.

3. Over 200 million USDC minted and transferred to Coinbase, alongside 1 billion USDT minted at Tether treasury and 500 million XRP unlocked from escrow.

4. A dormant BTC address with over 10,000 BTC transferred funds after 14 years, sparking market speculation.

5. Technical indicators like MACD and Stochastic RSI suggest potential bearish pressure, despite attempts to rebound.

Description

The post Massive Whale Transfer Sparks Buzz as Bitcoin Eyes New ATH—Will BTC Break Records This Weekend? appeared first on Coinpedia Fintech News The Bitcoin price is trading around $109,100, close to its recent peaks above $110,300, as it attempts to rise above the latest selling pressure. Over the past 24 hours, the crypto has fluctuated between $108,800 and $110,550, reflecting modest but sustained volatility. Its weekly move is positive, up about 1.4%, driven by renewed institutional interes...

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Tags:
Price Analysis Bitcoin
$USDC
$0.9990
+0.03%
$BTC
$107705.2
-1.65%
$XRP
$2.2144
-2.19%

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