- Institutional inflows reach $334.58M in a week.
- Whale entry prices indicate strong market confidence.
Bitcoin’s realized price, buoyed by institutional inflows and whale activity, signals a robust uptrend. This growth is primarily powered by significant investments in spot exchange-traded funds (ETFs).
Bitcoin’s realized price is rising alongside market price, indicating continued bullish momentum and increased institutional participation.
The increase in Bitcoin’s realized price reflects a strong market trend, driven by institutional investments and whale activity. Analysts note high conviction among new whale accounts with entry prices averaging $91.9K, significantly higher than long-term holders’ $32.2K.
NET inflows into spot Bitcoin ETFs totaled $334.58 million for a week, highlighting institutional demand. CryptoQuant analysts report that new whales are entering the market at prices significantly above historical averages, suggesting heightened interest and market confidence.
Rising Bitcoin prices and dominance impact the market significantly; elevated BTC levels might suppress smaller tokens initially as capital concentrates in Bitcoin. Experts anticipate positive momentum will ultimately extend to major altcoins like Ethereum.
“One of the reasons behind the price surge is the increasing number of market participants that are willing to buy BTC at a higher price. The analyst added: In particular, institutions are purchasing large amounts of Bitcoin through vehicles like spot exchange-traded funds (ETFs), causing an influx of capital that continues to drive the realized price higher.” – Crypto Dan, Analyst, CryptoQuant
Analysts suggest current trends resemble past bull market behaviors, signaling possible new all-time highs. Historical data indicates that rising realized prices often lead major bull phases. Market experts highlight that institutional FOMO and whale entry prices are significant indicators of market confidence.
Increasing institutional investment through ETFs implies a maturing bull phase for Bitcoin, with potential ripple effects across the cryptocurrency landscape.
