The Bitcoin market is back in the spotlight after a recent price drop, as large investors have started actively acquiring the cryptocurrency, leading to a significant increase in large transactions.
Bitcoin and Large Transactions
Whales in the Bitcoin market made their mark on June 21, 2025, executing transactions totaling 674,530 BTC in just one day. Data from IntoTheBlock shows that the average transaction volume over the past week was 268,390 BTC. These large players increased their transactions by 31.9% overnight after a recent drop in the BTC/USD price of 0.69%, bringing it down to $103,767.12.
Growth Forecasts and Global Money Supply
Some investors are linking the actions of whales to the growth of the global money supply. Currently, the M2 money supply continues to grow, and Bitcoin often tracks this trend. Analysts note that Bitcoin's price has closely correlated with changes in M2. Some predict that the increase in the money supply could support future Bitcoin growth.
Future of Bitcoin Price
Concerns remain about whether Bitcoin could fall below the $100,000 mark. Despite the recent rise in transactions, a negative outflow on exchanges of $6.70 million raises doubts. Some analysts project a drop to $98,000 if prices remain below $102,000, while others expect a range between $100,000 and $110,000. The future price of Bitcoin will depend on market conditions in the coming days.
The activity of major investors and changes in the money supply significantly impact the price of Bitcoin. Expectations and forecasts remain mixed, and the coming days will be crucial for the future development of the situation.
