New Bitcoin Whales Emerge In Two Months – Institutional Demand Rising Again?

Bitcoin is trading around critical demand levels after losing the key $81,000 support, a breakdown that has fueled further bearish momentum across the crypto market. The broader financial landscape remains volatile, as trade war fears and ongoing macroeconomic uncertainty continue to weigh heavily on investor sentiment. With global equities pulling back and risk appetite shrinking, cryptocurrencies have taken the brunt of the selloff — and Bitcoin is no exception.

Despite the intense pressure, there are emerging signals that some long-term players still see value at these levels. According to recent data from Glassnode, 76 new entities holding over 1,000 BTC have joined the network in the past two months. This 4.6% increase in large holders — often associated with institutional players or high-net-worth individuals — adds a glimmer of hope amid the gloom. Historically, whale accumulation during downturns has preceded recovery phases in Bitcoin’s price cycle.

Still, caution dominates the current landscape. If BTC fails to reclaim lost ground soon, the bearish outlook may strengthen. For now, all eyes remain on how Bitcoin reacts in the coming days as it hovers near key demand — and whether whale accumulation can offset broader market weakness.

Bitcoin Hovers Near $76K As Institutional Accumulation Offers A Glimmer Of Hope

Bitcoin is currently trading around $76,000 after several days of intense selling pressure and volatility. The broader market remains under stress as geopolitical tensions, economic uncertainty, and continued turbulence from US President Donald Trump’s aggressive trade and fiscal policies keep risk assets on edge. Crypto markets, in particular, have felt the full weight of investor fear, with Bitcoin now more than 30% down from its all-time high set earlier this year.

As bearish sentiment dominates, many analysts expect further downside in the short term. The failure to hold above key levels like $81K has weakened Bitcoin’s technical structure, and bulls now face a major challenge in reclaiming lost ground. The longer BTC lingers below crucial moving averages, the harder it becomes to spark a meaningful recovery rally.

Despite the gloom, there are signals that smart money is still active behind the scenes. According to on-chain data shared by top analyst Ali Martinez, 76 new entities holding over 1,000 BTC have joined the network in the last two months. This 4.6% increase in large holders points to rising institutional demand — a potentially bullish sign amid the broader decline.

While it may take time for sentiment to shift and price to reflect this accumulation, such trends historically indicate strong hands stepping in during periods of weakness. Whether this quiet confidence is enough to counter short-term bearish pressure remains to be seen. For now, Bitcoin continues to consolidate as the market searches for direction.

Bitcoin Holds $75K But Bears Remain in Control

Bitcoin is currently trading at $77,000 after a volatile week marked by heavy selling pressure and repeated breakdowns of key support levels. While BTC remains above the critical $66,000 level — a zone considered the last line of defense in this cycle — the momentum clearly favors the bears for now. Bulls first lost control when Bitcoin failed to hold above the $90K mark, and the situation worsened significantly after the $80K level was breached yesterday.

The current price action reflects hesitation as bulls attempt to stabilize above $75K. A decisive move back above $81,000 is essential to shift sentiment and reestablish a potential recovery rally. Without that breakout, BTC risks becoming trapped in a deeper downtrend.

On the downside, a clean break below $75,000 could quickly accelerate losses and send Bitcoin tumbling toward the $70K region — or even lower. Market conditions remain fragile, and any resurgence in macroeconomic fears or further tightening in risk sentiment could act as a catalyst for another wave of selling. For now, Bitcoin hovers at a key inflection point, with the next few days likely to determine the short-term direction of the broader crypto market.

Featured image from Dall-E, chart from TradingView