Despite greater long-term expenditure, bitcoin whales hold
CryptoPotato
Updated at: 4 hours ago
{"content":"Despite greater long-term expenditure, bitcoin whales hold
Bitcoin whale inflows to Binance have decreased as prices have risen, suggesting less selling.
Bitcoin's realized valuation rose 3% to $30 billion in April, but it's still below November and December highs.
BTC long-term holder supply fell again in May, suggesting higher spending from this group.
Bitcoin (BTC) fell 0.5% to $103,600 on Wednesday as the crypto market fell. Despite increasing spending by long-term holders, Binance bitcoin whale inflows have declined, indicating a move toward keeping.
Bitcoin whales retain as LTH supply drops.
In the last month, Binance whale address bitcoin inflows have steadily declined.
April saw $5 billion in whale inflows on the exchange as Bitcoin's price recovered. It fell to $3 billion in May due to a drop in large-holder activity. This group may be holding as whale inflows drop.
Over the same time, retail inflows rose from $12 billion to $15 billion, still below market high.
Bitcoin's realized cap increased 3% monthly in April, adding $30 billion, according to Glassnode. Whale selling pressure decreased.
This means Bitcoin's purchasing activity has increased, leading to its recent price bounce. The realized cap gain is below November and December's brisk accumulation, suggesting that market impetus has not returned.
Long-term investors' supply fell again in May, reversing the mid-March rise. This indicates increasing expenditure by this group.
If this shift in long-term holding behavior proceeds significantly, Glassnode may see a local market top. Bitcoin may fall if this pattern continues.
#BTC #TrumpTariffs #BinanceAlphaAlert #TradeStories #TradeWarEases $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/15/4aaa8d34c7f1497b9ad95ba67786af5a.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}