This analysis reviews the behavior of large BTC holders amid the rise in price to a record $123,000 and the potential implications for the market.
Market Amid Large BTC Sales
On July 14, BTC reached a record high, after which a significant holder who accumulated BTC since 2011 started transferring assets to Galaxy Digital. This raised concerns regarding a potential market downtrend, as such moves are known to have negative impacts.
Institutional Investors and Their Influence
As of July 2025, over 260 institutional entities and public companies hold approximately 3.5 million BTC. The significant rise in the number of medium-sized addresses holding between 100 and 1,000 BTC also indicates active participation from institutions, contributing to sustained price growth.
Long-Term Trends and Their Significance for Ordinary Investors
Long-term holders and institutions are increasingly taking a prominent role in market management. Ordinary investors should pay attention to capital flows and policy changes that could impact the crypto market. The optimal time for market entry may have arrived, and it’s crucial to consider current trends.
The ancient whale’s movement and the engagement with institutional players highlight important changes in the narrative of this crypto cycle. BTC transactions are becoming essential for understanding price dynamics.
