Bitcoin News Today: Bitcoin Price Holds Firm Amid Declining Whale Activity and Strong ETF Inflows

Bitcoin exhibited a mixed but resilient market environment on July 30, 2025, as whale activity declined while institutional and ETF-driven demand continued to support the price. On-chain data from Alphractal indicated that the number of large Bitcoin wallets holding more than 10,000 BTC had dropped below 90, a trend reminiscent of the 2020–2021 bull market peak [1]. Despite this bearish signal, Bitcoin’s price continued to climb, supported by sustained institutional buying and inflows into Bitcoin spot ETFs [1].

Public companies have been a significant force behind this upward momentum. MicroStrategy, for instance, increased its Bitcoin holdings by $2.46 billion through convertible notes, raising its total portfolio to $74.18 billion [1]. Mara Holding also added $950 million worth of Bitcoin recently, highlighting the growing institutional confidence in the asset. Collectively, 42 publicly traded firms now hold 4.28% of Bitcoin’s total supply, with MicroStrategy alone controlling nearly 2.9% [1]. These purchases signal a broader shift toward Bitcoin as a strategic corporate asset.

The ETF market has also played a critical role in reinforcing Bitcoin’s bullish trajectory. According to CoinGlass data, Bitcoin spot ETFs currently hold $151.28 billion in assets, with strong inflows continuing in July [1]. Over the past month, $4.83 billion worth of Bitcoin was purchased through ETFs compared to just $541.6 million sold. This net inflow reflects the ongoing integration of Bitcoin into traditional financial markets and supports the view that institutional adoption is stabilizing the asset [1].

Alphractal analyst Joao Wedson noted that Bitcoin’s current bull cycle may be nearing its conclusion, with a potential end by October [1]. However, the sustained institutional demand and ETF inflows may prolong the bullish phase beyond fractal-based bearish projections, potentially leading to a shallow correction rather than a sharp downturn. This divergence between technical indicators and real-time market behavior underscores the complexity of Bitcoin’s current price dynamics.

Retail and institutional investors continue to navigate a market shaped by strong on-chain accumulation, regulatory clarity, and the approval of in-kind creation and redemption mechanisms by the SEC [2]. Ethereum ETFs also recorded a net inflow of 20,290 ETH in July, reflecting a growing appetite for both Bitcoin and altcoin assets [3]. The broader crypto market remains in a consolidation phase, with investors closely watching how regulatory developments and macroeconomic factors might influence future price movements.

As Bitcoin continues to gain traction among institutional players, the balance between whale activity and ETF-driven demand appears to be a key factor in determining short-term price resilience. While the decline in large wallets raises questions about the sustainability of the current cycle, the aggressive buying by public companies and continued ETF inflows suggest that Bitcoin’s momentum remains intact for now [1].

Source:

[1] https://en.coinotag.com/bitcoin-shows-mixed-signals-as-whale-wallets-decline-but-etf-inflows-and-public-buys-continue/

[2] https://www.blockhead.co/2025/07/29/whales-driving-crypto-moves-bitcoin-markets/

[3] https://m.economictimes.com/crypto-news-today-live-29-jul-2025/liveblog/122959972.cms