In July 2025, there was a significant increase in Bitcoin absorption by smaller investors. This data suggests a possibility of future price increases in the near term.
Increased Bitcoin Absorption by Smaller Holders
According to Glassnode data, there was a shift in Bitcoin's supply flow in mid-July 2025.
Wallets holding less than 100 BTC, often referred to as Shrimps, Crabs, and Fish, took in about 19,300 BTC over the month.
This figure surpassed the amount created through mining, which stood at around 13,400 BTC.
Thus, smaller investors are accumulating Bitcoin faster than miners supply it, leading to a net monthly absorption of roughly 6,000 BTC.
Michael Saylor's Strategy and Price Projections
Michael Saylor, executive chairman of Strategy Inc., shared his views on Bitcoin's future in a recent Bloomberg interview.
He noted that the current cycle is different from past bull markets and reiterated his belief that the BTC price could eventually reach $1,000,000.
Saylor also remarked that his company has gained a 19.7% return on its Bitcoin holdings since the start of 2025 and claimed they currently hold a total of 597,325 BTC, valued at about $10.3 billion.
Not All Markets Have Seen Record Highs
Despite the strong price performance of Bitcoin in recent months, not all markets have achieved new all-time highs.
In a post shared by user nicrypto on X, it was pointed out that Bitcoin remained below its previous peak in both British pounds and euros.
This indicates that, while global momentum appears strong, not all regions have experienced a new Bitcoin price record.
Thus, the data shows a robust absorption of Bitcoin by smaller investors, combined with steady institutional demand, which could strengthen the market. The current situation, where smaller holders and ETFs are absorbing more Bitcoin than miners are producing, suggests a potential price surge ahead.
