🔥 Record-breaking number of BTC purchases Bitwise analysts | TopCryptoNews on Binance Square

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Bullish

🔥 Record-breaking number of BTC purchases
Bitwise analysts report that public companies acquired 159,107 BTC in the second quarter of this year.

🔝 This marks a historic record.

Corporate holdings have already exceeded 847,000 BTC — the 1 million mark is getting very close.

#BTCBreaksATH #BTC #Bitcoin 

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The indicator showed that #BTC growth has just begun 😱 The percentage of altcoins trading near their maximum over the last 252 days is close to 0%. In 2021 and 2024, this figure was above 40% when BTC reached a local maximum, after which a correction occurred. Thus, we have a chance for $BTC growth to continue and even hope for an altseason 😳

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🐋 Whales on the Move: One Opens Short Position in 6 Altcoins, Another Starts to Accumulate Massive Amount of a Single Altcoin While the cryptocurrency market continues its upward trend, high-volume transactions made by some whales attracted the attention of investors. An anonymous whale deposited 20.5 million USDC into the decentralized derivatives exchange Hyperliquid, creating numerous new wallets. These wallets opened short positions on Ethereum (ETH), Bitcoin (BTC), Solana (SOL), HYPE, Dogecoin (DOGE), Fartcoin, and several other tokens. Meanwhile, some whales have begun to seriously accumulate Story (IP) tokens. Just minutes apart, a whale with address 0x385D bought 857,192 IP worth $3.8 million, while another whale with address 0xE0e6 spent $3.61 million for 814,523 IP tokens. A whale with the address 0x8373 also opened a $2.13 million short position on the PUMP token with 3x leverage. The liquidation price for this trade was set at $0.00735. Whale activity isn't limited to short positions. A newly created wallet also deposited 5.5 million USDC into Hyperliquid, purchasing 118,856 HYPE tokens at an average price of $46.27. Large purchases are also notable in the Memecoin market. Yesterday, an investor spent 4.5 million USDT to purchase 349.02 billion PEPE tokens. This whale currently holds a total of 508.75 billion PEPE, worth $6.23 million. #Altcoin #Altcoins

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🤩 Ethereum Follows Bitcoin's Move The charts clearly show that #ETH is following #BTC with a slight delay. After a breakout of the downtrend, Bitcoin formed a consolidation and went up, Ethereum shows a similar structure. 🤑 Do you think Ethereum will break through the $4000 level anytime soon? #Ethereum #bitcoin

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🟡 Will Bitcoin Price Hit $124,000? $BTC /DXY Signals Say Yes Bitcoin (BTC) has been creating all-time highs in the last two days due to increased demand from both retail and institutional traders. As of writing, the Bitcoin price was trading at $117,764, just 0.85% below the newly formed ATH of $118,856. A major ratio comparing BTC’s performance to that of the US dollar signals that the rally might not be over, and the $124,000 level might be reached soon. #BTC #Bitcoin

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🔥 Dogecoin to $1? Here's What $DOGE Founder Thinks Dog-themed cryptocurrency Dogecoin (DOGE) is trading higher early Friday, rising for the fourth consecutive day since July 7. Bitcoin surged to a new all-time high as investors piled into risk assets and closed short bets. Dogecoin joined the rise, increasing by nearly 12%. At press time, Dogecoin was up 11% in the last 24 hours to $0.1998 and up 20% weekly. Dogecoin trading volume has surged 37% in that time frame, reaching $2.44 billion per CoinMarketCap data. According to analysts, #DOGE appears to be poised for a breakout. Bullish technical patterns, like a multi-year cup-and-handle and triple bottom, coincide with an increase in institutional whale accumulation. Eyes are on where #Dogecoin trends next, with targets on the daily SMA 200 at $0.224 in the short term and further on at $0.40 if the rally continues. Dogecoin continues to attract attention, with discussion regarding whether it could ever hit $1. At current prices, a surge to $1 would mark a 426% increase — somewhat lofty given Dogecoin's momentum in this current cycle. 🔸 Will Dogecoin reach $1? One of the coin's creators has weighed in. 💬 FAQQ: why is bitcoin going up?A: i don’t knowQ: will dogecoin hit $1?A: i don’t knowQ: which cryptocurrency should i buy?A: whatever you want to buyhope this helps— Shibetoshi Nakamoto July 10, 2025 In a recent post on X, Dogecoin cofounder Billy Markus, also known as "Shibetoshi Nakamoto," aimed to answer crypto's frequently asked questions (FAQs), like "why is bitcoin going up?" and "will dogecoin hit $1? And which cryptocurrency should I buy?" Markus answered "I don't know" to the first two questions, including "will Dogecoin hit $1?" and to the final one, "whatever you want to buy." The response "I don't know" highlights the element of the crypto market's volatility, where past results do not guarantee future outcomes. Given his characteristic humor and approach to topics in the crypto space, the Dogecoin cofounder's tweet was most likely intended to be playful.

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