Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Whale accumulation suggests Bitcoin could be eyeing $110K
Share
  • bitcoinBitcoin(BTC)$104,356.64
  • ethereumEthereum(ETH)$2,512.23
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.16
  • binancecoinBNB(BNB)$654.41
  • solanaSolana(SOL)$154.90
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.189863
  • tronTRON(TRX)$0.268722
  • cardanoCardano(ADA)$0.68
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Bitcoin > Whale accumulation suggests Bitcoin could be eyeing $110K
BitcoinCrypto

Whale accumulation suggests Bitcoin could be eyeing $110K

admin
Last updated: 13/05/2025 2:04 Chiều
admin
Published 13/05/2025
Share


Bitcoin may be setting its sights on the $110,000 mark as large holders ramp up accumulation, despite smaller investors taking profits amid macro tailwinds.

Wallets that hold between 10 and 10,000 Bitcoin (BTC), often referred to as whales and sharks, have amassed more than 83,000 BTC in the last 30 days, according to a May 13 post on X by Santiment. In contrast, 387 BTC were offloaded from wallets holding less than 0.1 BTC during that period. 

🐳🦈 Bitcoin's key whale & shark tier (holding 10-10K BTC) have now accumulated 83,105 more BTC in the past 30 days. Meanwhile, the smallest retail holders (holding <0.1 BTC) have dumped 387 BTC in the same time period.

For both tiers, these are significant movements relative to… pic.twitter.com/Xg5FmF57GQ

— Santiment (@santimentfeed) May 13, 2025

These movements, though seemingly small for retail, are significant when measured relative to the total BTC held by each group. Santiment noted that small investors, including tiers slightly larger than 0.1 BTC, are showing signs of profit-taking, likely anticipating a local top.

In contrast, the ongoing accumulation by large holders suggests confidence in further upside. This may push Bitcoin towards the $110,000 level, marking a new all-time high.

The sentiment shift comes after a sharp surge fueled by macro news. The U.S. and China reached an agreement to slash tariffs for 90 days, which improved overall market sentiment. This caused Bitcoin to rally, briefly reaching a weekly high of $104,710 before falling to about $102,500 at the time of writing.

Glassnode’s on-chain data shared on X on May 12 further supports the narrative. The company reported lower momentum buying and higher levels of profit-taking. While demand from first-time buyers remains strong, reflected by a consistently high relative strength index, the lack of follow-through from momentum traders could point to a temporary consolidation phase if new inflows slow.

$BTC Supply Mapping shows sustained strength in new demand. First-Time Buyers RSI has held at 100 all week. But Momentum Buyers remain weak (RSI ~11), and Profit Takers are rising. If fresh inflows slow, lack of follow-through could lead to consolidation: https://t.co/vHqbU4hrPt pic.twitter.com/Ghqynb296Y

— glassnode (@glassnode) May 12, 2025

Meanwhile, institutional demand remains firm. Strategy added $1.34 billion worth of Bitcoin on May 12, increasing its total holdings to 568,840 BTC, roughly 2.86% of the current circulating supply. Japan’s Metaplanet also boosted its reserves with a 1,241 BTC acquisition, now holding 6,796 BTC. According to SoSoValue data, Bitcoin spot ETFs have seen net inflows of $2.03 billion in the past month.

Looking at the technical picture,  Bitcoin is currently trading above all major moving averages, including the 10-day EMA and the 50-day SMA, both of which are showing “Buy” signals. Momentum indicators, such as the moving average convergence divergence, also exhibit bullish bias.

Whale accumulation suggests Bitcoin could be eyeing $110K even as retail capitulates: Santiment - 1
Bitcoin price analysis. Credit: crypto.news

The RSI, at 68, is hovering just below overbought levels. This suggests that the rally could face resistance near $105,000 to $106,300, where the upper Bollinger Band sits. A decisive break above this zone could push Bitcoin toward the $110,000 psychological milestone.

On the flip side, a breakdown below support at $97,600 or $94,000 could open the door for deeper retracement toward $89,800, Bitcoin’s lower Bollinger Band and a key demand zone.



You Might Also Like

meet crypto’s boldest whale James Wynn

OKX launches xBTC following new Bitcoin all-time high at $111k

Polygon Ventures backed RDAC crypto to be listed on Binance Alpha today

Moody’s cuts US credit rating, Bitcoin doesn’t flinch

Solv launches RWA-backed Bitcoin yield product

TAGGED:110kaccumulationBitcoineyeingsuggestswhale

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Layer-2 blockchain Blast ends Safe integration over third-party risk concerns
Next Article Ethereum’s rally stalls near $2.58K as holders take profits
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
$161m floods startups as prices sway
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?