Market Sharks Bought Over 65K BTC in the Last Week
Data from XWIN Research Japan shows that addresses with balances between 100 and 1,000 BTC (sharks) have purchased 65,000 coins over the past 7 days, bringing the total volume to a record 3.65 million. This happened against the backdrop of the digital coin’s price being around $112,000. According to analysts, this demonstrates steady demand from large traders.
The key indicator Long-Term Holder (LTH) Net Position Change recorded a strong positive momentum. This means that long-term investors are not selling, but rather are buying vigorously and moving assets to cold wallets. Historically, such periods coincided with the beginning of large-scale bullish phases of the market.
Exchange Netflow data confirms this trend. BTC outflows from exchanges remain steady, indicating that the available supply on the spot market is decreasing. Investors are moving coins into long-term storage, reducing liquidity for short-term trading.
This combination of factors – increased shark buying, positive dynamics at LTH and outflow from exchanges – creates the basis for future supply compression. Such a market structure increases the likelihood of further price growth as demand increases.
Despite this, analysts warn of the risks of short-term corrections if the derivatives market overheats. But fundamental indicators indicate the formation of sustainable demand and a gradual reduction in available coins. If the trend continues, the sector may enter a new phase of growth. At the same time, long-term investors are already forming the basis for future price highs, while retail investors are reacting to short-term fluctuations. According to researchers, this shift in the structure of bitcoin ownership reflects the growing role of institutional and strategic capital. A gradual “buyout” of supply from the market increases the likelihood of liquidity compression.
Source: cryptonews.net
