Retail impatient with Bitcoin while Whales keep Buying

By: fxleaders|2025/05/08 01:00:03
0
Share
copy
Retail investors have been selling Bitcoin because the asset’s protracted consolidation below the $100,000 price level, while larger Bitcoin holders are still confident and adding to their holdings. In a May 6 X post, Santiment stated that the divergent actions of Bitcoin whales and regular investors frequently indicate that the cryptocurrency may be on the verge of another uptrend. “It is typically a strong long-term indication of prices waiting for another breakout when big wallets slowly accumulate in tandem with retail panic selling or selling out of boredom.” Santiment stated. Over the six weeks since March 26, holders of Bitcoin wallets holding between 10 and 10,000 BTC have amassed 81,338 BTC. According to Santiment, this might indicate that the psychological $100,000 price level will soon be tested again. If you’re hoping for $100K BTC soon, Santiment stated that most Bitcoin’s major players are heading in the right direction in May Bitcoin remained volatile and hovered around $97,000 on Wednesday, staying below the April low. According to data from The Block, the Volmex 30-day implied volatility index increased marginally to 48 from 43 the previous week. The markets for derivatives showed cautious positioning. According to CoinGlass, open interest for Bitcoin futures increased by $2 billion since Monday to $32 billion on Wednesday. The figure is still less than the January peak of $40 billion for the year.

You may also like

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com