Retail impatient with Bitcoin while Whales keep Buying

By: fxleaders|2025/05/08 01:00:03
0
Share
copy
Retail investors have been selling Bitcoin because the asset’s protracted consolidation below the $100,000 price level, while larger Bitcoin holders are still confident and adding to their holdings. In a May 6 X post, Santiment stated that the divergent actions of Bitcoin whales and regular investors frequently indicate that the cryptocurrency may be on the verge of another uptrend. “It is typically a strong long-term indication of prices waiting for another breakout when big wallets slowly accumulate in tandem with retail panic selling or selling out of boredom.” Santiment stated. Over the six weeks since March 26, holders of Bitcoin wallets holding between 10 and 10,000 BTC have amassed 81,338 BTC. According to Santiment, this might indicate that the psychological $100,000 price level will soon be tested again. If you’re hoping for $100K BTC soon, Santiment stated that most Bitcoin’s major players are heading in the right direction in May Bitcoin remained volatile and hovered around $97,000 on Wednesday, staying below the April low. According to data from The Block, the Volmex 30-day implied volatility index increased marginally to 48 from 43 the previous week. The markets for derivatives showed cautious positioning. According to CoinGlass, open interest for Bitcoin futures increased by $2 billion since Monday to $32 billion on Wednesday. The figure is still less than the January peak of $40 billion for the year.

You may also like

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis

The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon

Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.

Popular coins

Latest Crypto News

Read more