Bitcoin Whale Buys $179M As ETF Inflows & MACD Turn Bullish

By: the market periodical|2025/05/14 10:30:06
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Key Insights:Whale buys $179M in BTC in just 2 days, signaling firm conviction.Metaplanet boosts holdings to 6,796 BTC, aiming for long-term upside.ETF inflows and technical momentum suggest Bitcoin is far from done.A Bitcoin whale has acquired 1,721 BTC in the last two days. This stash is worth approximately $179 Million, according to Lookonchain’s on-chain tracking data.At the same time, Tokyo-listed investment firm Metaplanet announced that it had added 1,241 BTC to its reserves.Strong institutional inflows into Bitcoin ETFs have increased. Combined with strengthening technical indicators, this suggests a positive price outlook for Bitcoin.Bitcoin Whale Activity Signals Bullish Market SentimentA newly created wallet acquired 821 BTC in a single purchase. This brought its two-day total to 1,721 BTC, worth $85.42 Million, according to Lookonchain.Market analysts see this pattern of investing as a positive sign for Bitcoin. Market whales’ tendency to build positions indicates that the market looks attractive to them in the longer term.Source: XWithdrawing large amounts of BTC from exchanges decreases the immediate possibilities of selling. Such a decrease in supply may encourage price rises, provided demand increases further.The wallet is newly created, suggesting a fresh institution or investor. This signals bullish sentiment for Bitcoin’s medium- and long-term outlook.Historical data show that similar accumulation events have led to sharp price increases. These spikes often align with macroeconomic trends or institutional positioning.Metaplanet Increases Holdings to Over 6,700 BTCMetaplanet confirmed the acquisition of 1,241 BTC, costing approximately $126.7 Million. The average price per Bitcoin for this purchase was $102,119.This brings the company’s total Bitcoin holdings to 6,796 BTC. The total value of its Bitcoin portfolio now exceeds $608 Million, acquired at an average cost of $89,492 per BTC. According to the firm, its Bitcoin holdings have delivered a year-to-date return of 170% as of May 2025.Source: XMetaplanet has been aggressively increasing its Bitcoin holdings, recently surpassing El Salvador’s reserves. The company acquired an additional 1,241 BTC, bringing its total to 6,796 BTC.Strategy has increased its Bitcoin treasury by acquiring 13,390 BTC for $1.34 Billion. This brings its total holdings to 568,840 BTC.ETF Inflows Continue for Fourth Consecutive WeekDuring the last month, Bitcoin ETFs have experienced ongoing net increases in investments. Nearly $1 billion was added to Bitcoin ETFs in the past week. In the previous four weeks, total inflows reached approximately 9,400 BTC.Such investor appetite is regarded as a confirmation of increasing institutional presence and prepares the way for further market movements.ETF demand has matched Bitcoin’s recent price appreciation. The recurring positive net flows suggest that institutions are still committed to Bitcoin.Source: XIn comparison, indicators of retail participation are low, as shown by both search statistics and overall interest. This suggests that institutions and high-income individuals are mainly driving recent price moves.MACD Technical Indicator Turns BullishA weekly MACD bullish cross observed by market analyst misterrcrypto further supports optimism in the crypto market. Historically, Bitcoin has often started strong upward trends when the MACD line crosses above the signal line. This pattern has frequently signaled bullish momentum.Source: XPast signals like this have often come before price gains of 150% and 80%. BTC price has been rising steadily. With growing momentum, technical analysts anticipate a breakout toward $170,000 in the coming months.This technical pattern on the weekly scale holds greater influence. Institutional investors prioritize long-term movements, making their signals more significant.Furthermore, Crypto investor James Wynn has raised his Bitcoin long position to $135 Million. This signaled strong confidence in a market rebound.He believes the bottom may be in, with a near-term target between $112,000 and $116,000. Previously, he warned of a possible dip to $102,900 to flush out leverage.DisclaimerIn this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.Ronny MugendiThe post Bitcoin Whale Buys $179M As ETF Inflows & MACD Turn Bullish appeared first on The Market Periodical.

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