Bitcoin whales absorb 300% of newly mined BTC supply — Is 0K next?

Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?

A BTC price technical breakout is underway that could send Bitcoin toward $100,000 by May. Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges…

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Bitcoin dip buyers nibble at BTC range lows but are risk off until K becomes support

Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

Bitcoin’s realized cap hit a record $872 billion, but slowing growth, profit-taking, and underwater short-term holders suggest the market remains risk-off. Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics…

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