Whale Buys $179M in $BTC : A Bullish Signal from Smart Money
Institutional Confidence Surges
A major Bitcoin whale has made headlines with a $179 million BTC purchase, signaling renewed institutional confidence in the crypto market. This large acquisition, reported on May 12, 2025, comes during stock market uncertainty, underscoring Bitcoin's growing role as a hedge against traditional market volatility.
Market Impact and Momentum
The whale’s move triggered an 18% surge in BTC trading volume on top exchanges like Binance and Coinbase, with Bitcoin's price climbing 1.2% to $62,500 within hours. This accumulation aligns with rising smart money interest as BTC decouples from equities—evident in the S&P 500 and Nasdaq's concurrent dips of 0.3% and 0.5%.
Technical Indicators Flash Green
Post-purchase, Bitcoin broke above its 50-day moving average at $61,800, and the RSI held at a neutral 58—suggesting room for further upside. A bullish MACD crossover and a 15% rise in wallets holding over 1,000 BTC point to sustained whale accumulation. On-chain volume hit $28 billion, up 10% in 24 hours.
Institutional Flows Strengthen
Crypto-related stocks like MicroStrategy saw a 2.1% jump to $1,650, while Bitcoin ETFs recorded $500 million in net inflows, highlighting robust institutional entry. Bitcoin’s weakening correlation to the S&P 500 (down to 0.35) reinforces its growing role as a market-diversified asset.
Summary
The $179M BTC whale buy marks a pivotal moment, boosting bullish momentum and institutional credibility. With resistance at $64,000 and support at $61,000, traders are watching for further upside. Cross-market signals now favor Bitcoin, offering tactical opportunities for both crypto and equity investors.
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