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Bitcoin rose to $ 105,000
Bitcoin BTC $105,545.29 Bitcoin 0.21% Market capitalization $2.1 trillion VOL. 24 hours $0.69 billion is once again demonstrating a growing position reminiscent of the market high of 2021. This time, however, large coin holders (the so-called «whales») have different intentions: they continue to accumulate assets instead of massive sales. This is evidenced by data on exchange flows and investor behavior.
Since March 2025, the number of BTC leaving exchanges has remained consistently higher than the number of coins entering them. Every day, more than 3.6 thousand bitcoins are withdrawn from exchanges, which indicates investor confidence and their willingness to keep assets off trading platforms. This trend signals accumulation rather than an intention to take profits.
Another important indicator is the activity of short-term holders. According to the AMBCrypto platform, since the end of May, the volume of profitable sales has decreased from 32 thousand BTC to 3.4 thousand in early June. This indicates a decrease in the desire to sell among holders who usually react to market fluctuations.
Meanwhile, large long-term BTC holders, on the other hand, have become more active. Since April 2025, their net positions have increased by 535 thousand bitcoins. This growth is reminiscent of the situation that preceded the rally in October 2023 and in September-October 2024. This reinforces the belief that the coming weeks could be a period of a new wave of market growth.
Amid the rise in the BTC price to $ 105−108 thousand, interest in cryptocurrencies on Google Trends remains low, indicating the lack of a general hype. Nevertheless, the «whales» and long-term holders are obviously preparing for the next upswing, demonstrating confidence in the asset even despite the possible risk of a repeat of the 2021 scenario.