Bitcoin's Whales Rush: They Made Their Second-Biggest Purchase This Year! But the Price Won't Rise! Here's Why…

Leading cryptocurrency Bitcoin (BTC) continues to search for direction. After being rejected around $107,000 in the last bullish wave, Bitcoin continues to fluctuate between $100,000 and $105,000. This uncertain movement reflects the ongoing struggle between buyers and sellers in the crypto market.

Analysis shows that whale wallet savings flows in the market are increasing rapidly. According to The Block, Bitcoin is trading sideways, but large-scale investors (whales) continue to accumulate BTC. Timothy Misir, President of BRN Research, noted that whales purchased 45,000 BTC worth approximately $4.6 billion this week, making it the second-largest weekly total of 2025 so far.

Misir highlighted that a significant portion of these Bitcoins has been moved from exchanges to cold wallets. This indicates that institutional purchases are continuing, signaling long-term investment confidence by major players in the market.

On-chain analytics firm Glassnode stated in its latest report that Bitcoin is “consolidating in a gradual decline range.” Despite positive macroeconomic developments, such as the end of the US government shutdown and the easing of US-China trade tensions, BTC has only shown limited recovery. This suggests that external factors alone may not be enough to drive significant price increases at this time.

Glassnode also noted that selling pressure has eased around $100,000, providing some level of support for Bitcoin. However, there is a supply resistance zone concentrated in the $106,000-$110,000 range, which is limiting upward momentum for the cryptocurrency. This range represents a key barrier that Bitcoin must overcome to resume its bullish path.

This is not investment advice.