Bitcoin illiquid supply hits 14M BTC as hodlers set bull market record

Bitcoin is becoming more illiquid than ever, signaling strong confidence among long-term holders.

According to Glassnode, the illiquid BTC supply—held by entities unlikely to sell—has hit a record 14 million BTC. This marks the highest level during the current bull market and indicates a shift in investor behavior.

Illiquid holders are defined as those who spend very little of the Bitcoin they receive. These entities tend to accumulate and hold, anticipating long-term price growth. In the last 30 days alone, illiquid supply increased by 180,000 BTC, the most significant monthly rise since December 2022.

Back then, Bitcoin was recovering from a deep bear market, having dropped 77% to lows near $15,000. Now, a different kind of growth is underway.

A notable driver of this bull run is institutional involvement. Corporate players and spot Bitcoin ETFs are pushing BTC into mainstream portfolios. Strategy, a business intelligence firm, is among those leading the charge.

Meanwhile, onchain data from Santiment highlights strong accumulation by large holders. Bitcoin addresses holding between 10 and 10,000 BTC added 83,105 coins in the past month, while smaller retail investors appear to be selling.

The trend shows growing confidence among whales and institutions—even as prices fluctuate.

https://instagram.com/bitcoin.info.9/ - Main page

https://instagram.com/bitcoin.info/ - Reserve page

437

0

Hodl my beer: Businesses are the biggest Bitcoin buyers this year

Corporations have become the dominant force in Bitcoin acquisition in 2025, surpassing ETFs, governments, and retail investors, according to Bitcoin investment firm River.

Led by Michael Saylor’s firm Strategy, corporate holdings grew by 157,000 BTC this year—valued at around $16 billion. Strategy alone accounted for 77% of that increase. River noted this trend isn’t limited to giants—companies across industries are now aligning with Bitcoin’s long-term potential.

ETFs followed with 49,000 BTC added, worth about $5 billion. Government holdings rose by 19,000 BTC, while retail investors saw a net decline of 247,000 BTC in 2025.

Business ownership of Bitcoin has grown 154% since 2024. Finance and investment firms lead the charge with 35.7% of total holdings, followed by tech (16.8%) and consulting firms (16.5%), with other sectors like real estate, energy, and healthcare also joining in.

Notable recent purchases include Strategy’s $1.34 billion buy of 13,390 BTC and Metaplanet surpassing El Salvador’s BTC reserves. New entrants like video platform Rumble and Hong Kong firms Ming Shing and HK Asia Holdings also made first-time buys.

Bitwise reported at least 12 public companies purchased Bitcoin for the first time in Q1 2025, adding over 95,000 BTC to corporate books—a 16% rise in publicly held Bitcoin.

Analysts warn that such aggressive accumulation could pressure supply. With only 450 new BTC mined daily, Strategy’s buying rate exceeds production, giving Bitcoin a -2.3% annual deflation rate, according to CryptoQuant CEO Ki Young Ju.

Author Adam Livingston added that Strategy’s demand is effectively “synthetically halving” Bitcoin, accelerating scarcity and potentially boosting long-term value.

https://instagram.com/bitcoin.info.9/ – Main page

https://instagram.com/bitcoin.info/ – Reserve page

421

0

US-China trade deal could shed light on Bitcoin’s use case: Trader

Bitcoin’s response to a potential US-China trade deal may reveal whether it truly acts as a safe-haven asset.

According to crypto trader Daan Crypto, Bitcoin showed remarkable resilience in April, outperforming stocks during a market downturn triggered by Donald Trump’s new tariffs. After dropping to $75,000 on April 7, Bitcoin surged 27% to around $95,000 by month’s end—while major indexes like the S&P 500 and Nasdaq fell.

This led to speculation that Bitcoin’s strength came from countries using it to sidestep tariffs. Daan noted that if trade uncertainty was boosting Bitcoin, its performance should dip once a major deal—especially one involving China—is reached.

On May 11, the White House said talks with China had made “substantial progress,” though no deal was finalized. “The talks were productive,” said Treasury Secretary Scott Bessent, with more details expected soon.

Still, if Bitcoin continues outperforming despite easing tensions, Daan argued tariffs might not directly influence its role or usage.

Other analysts agree Bitcoin could benefit if a deal is finalized, particularly alongside rate cuts. Jeff Mei of BTSE said institutional investors are more comfortable with crypto as trade tensions ease.

Jupiter Zheng from HashKey Capital added that a deal could signal global market stability, encouraging investments into alternative assets like Bitcoin—especially if it weakens the dollar or boosts liquidity.

Analyst Will Clemente stressed that only a clear, official announcement will sustain Bitcoin’s upward momentum, which he says is starting to slow.

https://instagram.com/bitcoin.info.9/ – Main page

https://instagram.com/bitcoin.info/ – Reserve page

542

0

Ethereum price greenlit for further upside after surprise 29% ETH rally

Ether (ETH) surged 29% from May 8 to May 9, ending a 10-week bear run that bottomed at $1,385. This move triggered over $400 million in short position liquidations, catching whales and market makers by surprise.

Despite the jump, ETH derivatives remain neutral. The futures premium hasn’t exceeded the 5% neutral mark, showing limited appetite for bullish bets. ETH still lags the altcoin market by 17% in 2025, pointing to persistent investor caution.

Some analysts see room for further short covering, while others argue Ethereum’s fundamentals haven’t meaningfully improved.

Ethereum leads in decentralization and TVL

Network upgrades have boosted Ethereum’s layer-2 scalability and cemented its lead in decentralization and security. Ethereum’s total value locked (TVL) is at $64 billion, far ahead of Solana, BNB Chain, and Tron’s combined $22.3 billion.

Yet, investor demand remains weak. Even after ETH’s best single-day gain in four years, U.S.-listed spot ETFs saw $16 million in net outflows on May 8—marking the third straight day of withdrawals.

Part of the muted enthusiasm stems from an 85% drop in network fees between January and April, which weakens ETH demand and staking yields due to reduced burning activity.

Neutral sentiment dominates options market

ETH options show equal pricing for puts and calls, signaling a lack of strong directional sentiment. This doesn’t bode well for bulls—but a sentiment shift could help.

Former U.S. President Donald Trump’s reversal on crypto policy may be a catalyst. According to Politico, Trump distanced himself from a pro-crypto lobbyist after feeling “used.” While he previously praised Solana, Cardano, and XRP, a later executive order adopted a far more cautious stance.

Even amid ETF outflows and cautious derivatives markets, ETH could still climb toward $2,700—especially if competitors’ lobbying efforts continue to falter.

https://instagram.com/bitcoin.info.9/ - Main page

https://instagram.com/bitcoin.info/ - Reserve page

648

0

Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

Bitcoin has surged nearly 10% in recent days, now just $6,000 shy of a new all-time high. However, traders warn that the gains have been largely headline-driven, raising questions about their sustainability.

Analyst Skew pointed out that recent BTC volatility has been linked to news and political events—especially involving Donald Trump and trade policies. The latest boost came from optimism around a US-UK trade deal, but whether that momentum spreads to deals with the EU or China remains to be seen.

For Bitcoin to sustain its rally, analysts say passive flows and strong volume are critical. Skew notes that after a large market bid pushed BTC above $100K, support must now form at these higher levels.

Fibonacci analysis highlights a critical phase. BTC has cleared the 1.618 level and is now testing a key resistance zone near $104,000. Patric H. and Kingpin Crypto emphasize that BTC is at the final technical hurdle before potential new all-time highs.

Still, caution is advised. CoinGlass data shows strong buy-side interest below $100K, with little resistance above current levels. Trader TheKingfisher warns of a liquidity imbalance—if BTC dips, the sub-$100K zone could trigger renewed volatility.

https://instagram.com/bitcoin.info.9/ – Main page

https://instagram.com/bitcoin.info/ – Reserve page

635

0