Wallets holding more than 10,000 BTC have added 46,420 BTC over the past 2 months - the strongest accumulation from this group since mid-March. That really stands out because almost everyone else is doing the opposite; the contrast is pretty clear:
10,000+ BTC wallets → +46,420 BTC
0.1-1 BTC wallets → -9,700 BTC
In fact, the 10,000+ BTC caste is currently the only major wallet group showing net accumulation. Of course, these giants can be to institutions, ETFs, companies or individual whales - so we don’t know exactly who is buying.
But we do know one thing: if these large wallets keep absorbing supply while BTC holds around $65K, they could become one of the strongest sources of spot demand in the market.
✨️✨️ Whales just quietly stacked 20K BTC ($ 1.2B) in the last 8 days alone, per Santiment mid-tier wallets (10-10K BTC) loading up while retail keeps dumping into weakness
Meanwhile spot ETFs pulled in $754M this week, their strongest showing since April, so smart money's clearly not waiting for permission.
BTC's still coiled below $65K resistance though, and analysts say we need a clean close above that level before the pump narrative gets real legs 📊
CryptoQuant's entity-adjusted data backs this up too total whale balances have climbed from 2.9M to over 3M BTC this year even as price slid from six figures into the low $60Ks.
Historically this kind of accumulation-into-weakness pattern shows up near cycle bottoms, not tops but "historically" isn't a guarantee, so don't confuse quiet buying with an imminent moonshot 🚀
Bottom line: supply's tightening in strong hands, the setup's bullish on paper, but $65K is the line in the sand until it breaks, this is accumulation, not liftoff.
The same breakout that started the 2017 and 2021 Altseason is happening again.
ISM just hit 55.6, its highest level in 4 years, breaking above the same line seen before mega runs.
Better ISM manufacturing means better liquidity and stronger risk appetite.
Here's the simple logic. When factories start doing better, money usually gets looser and people get more comfortable taking risks. That's usually when cash starts flowing out of bigger assets into Bitcoin BTC and crypto.
It doesn’t overnight. Both times, it took months to fully play out. But if this pattern holds again, this could be the first real sign that alt season is starting to build for 2027.
Of course, there are still 6 months left before the candle closes, and it’s entirely possible that we’ll even close it green, with wicks on both sides. But the precedent is already interesting.
As I’ve shown before, we’ve never had 2 green years followed by a third red year. The usual narrative from all the 4-year cycle believers is that after 1 year of decline, we get 3 consecutive green yearly candles.
Well… something went wrong this time 😊
Now, for the first time, we could potentially get 2 consecutive red yearly candles.
But I’m sure the cycle cultists will find an explanation for that too and say:
“Everything is still according to plan. It’s exactly like before.”
#ANKR is bouncing from the lower channel support, but the main confirmation is a breakout of the descending trendline. A break could target $0.0055–$0.0063, while rejection keeps the downtrend active.
That means long traders are paying shorts, a sign that bullish positioning is building.
But if Bitcoin loses the $62K level while funding stays elevated, the market could trigger a flush of overleveraged longs before establishing stronger support.
💫✨️ More than 32,000 BTC were sent to exchanges at a loss on August 1 by short-term holders, making it one of the biggest loss-selling days in the past 30 days, according to CryptoQuant analyst Darkfost.
This means many investors who bought Bitcoin recently decided to sell for less than they paid after the market declined.
The data shows that short-term holders were under pressure during the recent pullback, while activity continues to offer a clearer view of market behavior.
Large waves of loss-selling have appeared during previous corrections and are often closely watched as signs of changing market sentiment.
💥💫 LINK is sitting at a key support zone, but support alone doesn't guarantee the bottom is in.
The broader downtrend that's been in place since December 2024 still hasn't shown a convincing reversal. If the selling continues, the next areas to watch are around $7.20, $5.95, and potentially the previous bear market low near $4.95.
The current bounce looks too weak to confirm a lasting bottom, so another leg lower is still on the table before the correction is fully behind us. If momentum eventually shifts, the first major resistance zone comes in between $11.84 and $20.63, which is still quite a distance from the current price.
#LINK is trading inside an ascending channel, but the $8.20–$8.58 zone is a major resistance area that has rejected price multiple times. A clean breakout and hold above $8.58 could open the way toward $9.00+, while continued rejection keeps the range-bound/bearish pressure intact. Watch for volume—without it, resistance is likely to hold again.
✨️💥 BTC IS FOLLOWING THE CHANNEL — $62K IS THE NEXT TEST
#BTCUSDT continues to respect the descending channel, with each rebound capped by the upper trendline. Price is now moving toward $62,000–$62,300 support; holding this zone could trigger another recovery toward $63,600–$63,800, while a confirmed break below would expose the lower channel boundary.
🌍 BTC Market Pulse
▪️ U.S. spot Bitcoin ETFs recorded $265.4M in net outflows on July 31, reversing the previous day’s $233.1M inflow and showing that institutional demand remains unstable. ▪️ Michael Saylor hinted that Strategy may resume Bitcoin purchases after a five-week pause; the company currently holds 843,775 BTC. ▪️ A Coldcard wallet vulnerability linked to nearly $89M in losses pushed some smaller holders to move BTC back onto exchanges, adding another short-term sentiment risk.
🚨 BREAKING: BlackRock's Bitcoin ETF purchased $183.41 million worth of BTC.
Institutional participation continues to be a key trend in the digital asset market, reflecting ongoing interest from traditional finance. Market activity can change quickly, so always do your own research before making investment decisions.
💥💫 $LINK is holding a key support level while institutional adoption keeps growing.
Chainlink is now part of initiatives with major financial players working to modernize corporate actions processing, a market estimated to cost the financial industry $58 billion annually. This highlights how blockchain infrastructure is moving deeper into traditional finance.
If buyers defend this support, LINK could be setting up for its next move. Keep an eye on volume and resistance before chasing the breakout.
Are you accumulating LINK here or waiting for confirmation?