Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC Bitcoin's giant whale increased its holdings by US$80.9 million, and its price approached the key resistance level of US$64,900.
Bitcoin's price trend seems expected to rise further after a large investor bought it. The deal rekindled optimism in the cryptocurrency market. Chain data shows that a "giant whale" has increased its holdings of 1250 bitcoins, worth US$80.9 million, in a single transaction. This move has attracted widespread attention in the community and promoted a wave of positive emotions.
Giant whale activity boosts market confidence
This major buy transaction was originally discovered by a leading blockchain analyst, which reported that more than 1250 bitcoins were removed from Binanti, one of the world's largest cryptocurrency exchanges. Such large outflows are often interpreted as a signal that investors are moving assets into private storage for long-term holding, rather than preparing to sell.
The agency's disclosure coincides with heated discussions among market observers and analysts. A well-known cryptocurrency commentator described the move as an obvious "fundraising", echoing the common view that the giant whales are laying out for the long-term recovery of Bitcoin prices. Increased holdings by large holders have once again boosted confidence, indicating that major participants expect further room for Bitcoin to rise as overall market sentiment improves.
After the giant whale transaction, Bitcoin traded at approximately US$64,690, up nearly 1.1% in the past 24 hours. Despite the gains, the asset is still below multiple long-term moving averages, suggesting that some traders remain cautious even as increases in holdings.
On-chain and derivatives indicators provide further support
Multiple indicators show that the Bitcoin market continues to strengthen. Data showed that open interest in Bitcoin derivatives was close to US$47 billion, indicating that traders still had a large amount of exposure and had not closed their positions. In addition, recent data highlights a decrease in the number of forced liquidations, reflecting the increased stability of the derivatives market and reduced selling pressure.
On-chain analysis data shows that the total locked value of Bitcoin is stable at around US$4 billion. At the same time, the number of active Bitcoin addresses is close to 600,000, indicating strong online activity and healthy investor participation. Another study pointed out that seasonal performance is another encouraging factor: July has historically been one of the strongest performing months for Bitcoin, with cryptocurrencies achieving gains of more than 10% this month alone.
Key Resistance Levels and Technical Outlook
From a technical perspective, Bitcoin has successfully regained its 20-day exponential moving average, indicating that buyers are beginning to regain control. As a momentum indicator, balanced trading volume is gradually improving, further supporting this trend. However, Bitcoin still trades below its 50-day, 100-day and 200-day exponential moving averages. These resistance levels, especially the 50-day moving average near $64,900 and the 100-day moving average near $67,500, are key levels. Breaking these moving averages will provide stronger confirmation of continued recovery.
Whether Bitcoin can hold support above $62,700 is also closely watched. Continued giant whale holdings, stable market participation and improved derivatives data are creating the background for potential further gains, provided buyers maintain momentum. The current trend of overweight holdings, reduced number of liquidations and healthy online activity suggest that the market is entering a period of renewed optimism, but key resistance levels must be breached before a bullish reversal is confirmed.
