Bitcoin Whales Offload 50,000 BTC as Institutions Buy 900,000 BTC

's latest price was $, in the last 24 hours. The cryptocurrency market has seen significant shifts in recent times, with institutional interest in Bitcoin rising steadily. Mid-sized whales, those holding between 100 to 1,000 BTC, have outperformed conventional large Bitcoin holders, indicating a growing dominance driven by increasing institutional interest. Over the past year, whales have offloaded almost 50,000 BTC, while institutional investors, including corporations, asset managers, and ETFs, have aggressively entered the market, acquiring up to 900,000 BTC. These entities now occupy 25% of the overall circulating supply of Bitcoin, pointing toward the maturing dynamics of the Bitcoin market with increased predictability and concentration risk. Any policy or coordinated shift could influence the market stability.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) has made significant strides in the financial market, emerging as one of the top revenue generators despite its relatively short period of operation. IBIT generates nearly $191 million annually and is currently worth a considerable $76.31 billion. To climb to the forefront of BlackRock’s ETF lineup, it needs to expand its assets by another $9 billion, potentially bumping its annual revenue to $213 million. This swift trajectory observed within IBIT’s short tenure greatly exceeds typical fund growth patterns. The iShares Russell 1000 Growth ETF (IWF) reigns as the top revenue producer for BlackRock with an annual income of $211 million, while the iShares MSCI EAFE ETF (EFA) accumulates $207 million yearly. IBIT’s rapid climb is described as extraordinary, with the fund attracting both individual and institutional investors due to its low costs, asset size, and investor demand for cryptocurrencies. IBIT is poised to capture more of the evolving market dynamics, potentially increasing its revenue further. Its unique approach, supported by BlackRock’s strategy, seems to more closely align with the expectations of today’s investors, especially those swayed by the allure of digital assets.

Nearly 80,000 BTC mined in 2011 have moved for the first time in 14 years, totaling an estimated value of $8.6 billion. This movement has drawn attention to the Bitcoin ecosystem, highlighting rare miner behavior and long-term holder behavior. The coins were likely mined by early participants, possibly even original miners, and their movement raises market awareness due to the scale and timing. Monitoring these holders remains crucial, as such large stashes could exert market pressure if sold. The shift comes as miner activity continues to shape price dynamics. With some miners still holding sizable BTC reserves, any transaction of this nature naturally garners attention across the crypto ecosystem. On-chain metrics like UTXO Age Bands provide a useful lens to better understand this shift. This tool measures Bitcoin supply by how long coins have been held, breaking it into categories. According to recent data, BTC held for more than ten years accounts for 17% of the total supply, making it the largest segment. The 3 to 5 year band, which previously followed closely at 14.3%, has now been overtaken by the 6 to 12 month band at 15.8%. This increase in the 6 to 12 month band over the past quarter suggests that recent buyers are choosing to hold. The behavior shows a growing shift from short-term to long-term holding status, despite prevailing market conditions. Further insight into long-term holders shows that the 7 to 10 year holding group now controls around 8.3% of total BTC. This emphasizes the role of early adopters, including some of the oldest miners, in current supply control. As the market continues to evolve, these older cohorts remain influential. The fact that such a large share remains unmoved for years suggests a strong belief in the asset or a careful watch on market timing. Movements like the one reported underscore the importance of tracking older wallets and miner transactions, especially in volatile conditions.

As 2025 enters its second half, the market is seeing a curious divergence: falling volatility and transaction volume alongside record-breaking inflows from major funds and corporations. Monthly Bitcoin transactions dropped to levels not seen since late 2023, and miners are now including ultra-low-fee transactions just to fill blocks. Simultaneously, price volatility metrics have reached their lowest point in nearly two years. But behind this lull, institutions are going full throttle. U.S. spot Bitcoin ETFs drew over $1 billion in just two days last week, pushing cumulative inflows close to $50 billion. Total holdings across these ETFs have surged to $137.6 billion. Meanwhile, public companies added 65,000 BTC in June alone—worth an estimated $7 billion. This trend indicates a growing institutional interest in Bitcoin, with major funds and corporations increasing their holdings despite the falling transaction volume and volatility.