Bitcoin (BTC), the worldโs leading cryptocurrency, is still trying to find a clear direction ๐๐. After getting rejected near the $107,000 level during its latest push upward, BTC has been moving back and forth between $100,000 and $105,000.
But behind the scenes, whale activity is heating up ๐๐ฅ.
Data from The Block shows that even though Bitcoin is trading sideways, major investors and whales are steadily stacking more BTC. Timothy Misir, President of BRN Research, highlighted that whales snapped up 45,000 BTC this week โ roughly $4.6 billion worth โ marking the second-largest weekly accumulation of 2025 ๐ค. He also pointed out that much of this BTC is flowing from exchanges into cold storage, signaling ongoing institutional buying.
According to a new report from on-chain analytics firm Glassnode, Bitcoin is currently โconsolidating within a slow downward channel.โ ๐
They noted that BTC has seen only a mild rebound, even with supportive macro factors like the end of the U.S. government shutdown and improving U.S.โChina trade relations ๐๐ค.
Glassnode also mentioned that selling pressure has eased around the $100,000 zone, but a strong supply wall remains between $106,000 and $110,000, which continues to cap Bitcoinโs upside momentum ๐ง๐. #BTC #bitcoin
