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2025-06-07 20:59:39

Crypto Analyst Projects Mega Bitcoin Drive as Whales Resume Accumulation

Bitcoin (BTC) traders are flagging green signals after retail shakeups that saw swift offloads. This led to slight losses in Bitcoin institutional products last week, although the recent court decision on tariffs played a huge role. Several crypto analysts have tipped another bull movement due to whale purchases and long-term holder repositioning. Bitcoin Whales Are Buying Heavy On-chain data shows massive institutional Bitcoin adoption, potentially opening up a new bull phase. Digital asset analyst Amr Taha pointed to increased spot volumes, whale accumulations, and other positive metrics behind higher Bitcoin trader optimism. According to the data, long-term holders (LTH) net realized metric soared above the $20 billion mark. This becomes crucial to access the market’s state in line with historical data. LTH rapid buys always precede a bullish phase, as seen in 2021 and 2024. Recent movements also spiked optimism to new highs, backed by new capital flows. Long-term holders received this traction because, unlike retail traders who often prioritize profit taking, they refrain from sales during price dips. “ The convergence of rising exchange dominance, long-term holder confidence, and supply tightening paints a bullish picture for Bitcoin. While short-term corrections are possible, the underlying demand and reduction in available BTC on exchanges suggest that the uptrend is far from over. Furthermore, outflows from centralized crypto exchanges led to price gains before another correction. In the last 48 hours, Kraken and Bitfinex saw over 20,000 BTC offloads. Transfers out of exchanges soar trader confidence due to a higher chance of long-term holdings and decentralized finance (DeFi) activities in the case of meme coins. Crypto trader Ali Martinez flagged massive whale accumulations this week. Over the last four days, whales picked up 30,000 BTC, highly influenced by surging institutional participation . Mainstream Adoption Behind Soaring Bitcoin Optimism CryptoQuant data shows wallets with above 1000 BTC adding tokens at a steady pace. An interesting aspect is the “young/new whale addresses” have gained more exposure to Bitcoin in the last two months. This is directly linked to growing institutional interest in crypto assets. While the United States leads the pack, other jurisdictions have also beefed up holdings. Michael Saylor’s Strategy continues to accumulate above 581,000 tokens worth approximately $60.4 billion. As companies increase exposure, governments are leaning toward the market, seeking to drive investment. Recently, Pakistan’s crypto task force unveiled a strategic Bitcoin reserve similar to the United States model.

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