Bitcoin News Today: Bitcoin Whale Inflows Surge 50% Amid Price Rally Concerns

Bitcoin whale inflows to exchanges surged by $17 billion between July 14 and 18, raising concerns about potential market pressure. This significant increase in inflows occurred shortly after Bitcoin reached a new all-time high above $123,000, suggesting that some large holders, known as whales, may be taking advantage of the price rally to secure profits. According to data from a blockchain analysis platform, the monthly average of these inflows rose from $28 billion to $45 billion during this period, with a notable transfer of 80,000 BTC contributing to this spike.

Analysts believe that this movement indicates that some whales are taking profits, which could lead to increased selling pressure if the trend continues. Historically, during the last two market tops, whale inflows exceeded $75 billion, followed by periods of drastic price consolidation or decline. While daily inflow numbers have started to fall in recent days, the rise in the monthly average remains noticeable, and market observers are closely monitoring this trend.

In contrast to the whale movements, data from another source showed that various wallet sizes have continued to accumulate Bitcoin. This included holders with more than 10,000 BTC, who returned to levels of activity last seen in December 2024. The broad trend of accumulation across all major wallet groups suggested that investors remain confident in the digital asset, even with the recent price pullback to $118,000. This pattern of steady accumulation may provide some stability to the market, showing that while some large holders were selling, many others continued to buy.

Investor and author Robert Kiyosaki commented on the broader financial climate, stating that the economy may be entering a period where asset bubbles begin to burst. In his view, if markets correct sharply, Bitcoin could also experience a price drop, similar to gold and silver. Kiyosaki, who has previously supported Bitcoin, said he would use any significant drop as a buying opportunity. He linked his prediction to rising inflation and the growing national debt in the United States, which has now reached $37 trillion, as well as rising Treasury yields as a sign of possible stress in the financial system.

Although Bitcoin reached a record high last week, Kiyosaki said the market could soon enter a stage driven by fear of missing out, followed by a pullback. As of the time of writing, Bitcoin has already dropped by more than 5% from its peak, trading at $117,943.32. Many are now watching to see if whales will continue to move coins to exchanges, as this could shape the market’s future developments.