Weekly rise in Bitcoin whales: Identifying the secretive accumulators

In the first half of the year, institutional funds have been actively adjusting their portfolios, with Bitcoin gaining prominence in these decisions. This shift could have profound implications for Bitcoin's price for the rest of the year.

The digital currency is increasingly perceived as a reliable store of value, similar to gold in the traditional financial world. This perception is bolstered by the massive accumulation of Bitcoin by whale entities, which is generating a more optimistic tone in the market and stabilizing the volatility typically associated with this cryptocurrency.

The surge in whale activity is accompanied by increased buying among small investors, or "shrimp." This combination of major investors reinforcing their position with silent purchases and the active participation of retail investors is creating the foundation for a new market cycle.

In the last week of July, 25 new entities have reached the status of "Bitcoin whale," possessing at least 1,000 BTC. The total number of whales has increased from 1,392 to 1,417, marking one of the highest peaks of the year.

The new Bitcoin whales who have established themselves in the past seven days include early holders who have awakened after years of dormancy, moving significant amounts of BTC. These whales are motivated primarily by major market risks or opportunities, as their actions tend to coincide with significant market timing considerations rather than random moves.

The appearance of 25 new Bitcoin whales in just seven days is a significant accumulation trend. If buying pressure continues and supply decreases, Bitcoin may attempt to surpass its all-time high of $123,091.

The ATS score, which measures the speed at which orders are traded in the market, is nearing a point that indicates a scarcity of supply, often preceding bullish movements. This scarcity is further reinforced by the pace of bitcoin purchases by retailers outpacing the emission of miners on the network.

The most optimistic analysts estimate BTC's price could rise to a range between $135,000 and $200,000 by the end of the year. However, some analysts predict Bitcoin's price growth could stay within a more modest range of $110,000 to $130,000.

Institutional confidence is shaping the current market dynamics of Bitcoin and laying the groundwork for more sustained and less erratic growth. The accumulation of Bitcoin is not due to movements within exchanges or miners, but from genuine investors buying for long-term storage. In this environment, the big whales are not just participating but are guiding the course of Bitcoin's price in 2025.

Many analysts believe that many of the new whales are not completely new actors, but rather institutional funds, corporations, and family offices reactivating their Bitcoin positions. This trend could be a testament to the growing acceptance and legitimacy of Bitcoin as a serious investment option in the traditional financial world.