Bonk (BONK) continues to receive strong cash flow from investors, maintaining an impressive price increase over the past week with a total purchase value of over 33 million USD.
Although smart investors and the spot market are actively accumulating BONK, distribution pressure is still present, creating challenges for the sustainable upward momentum of this coin.
MAIN CONTENT
Investors are actively accumulating BONK, led by the spot market with over 31 million USD.
Derivative liquidity shows optimistic sentiment, with long contracts favored to maintain positions.
Market distribution continues, putting significant pressure on the price of BONK even though the upward trend remains intact.
How are BONK investors actively accumulating assets?
Data from CoinGlass and Nansen shows that the accumulation of BONK last week reached 33.22 million USD, mainly from spot market investors with 31.44 million USD and smart investors adding 1.78 million USD.
According to CoinGlass, the tokens accumulated into personal wallets indicate long-term investment expectations from whales, which is often a sign that cryptocurrencies are about to enter a strong growth phase.
"Smart investors in the Solana ecosystem have continuously placed profitable bets on BONK, creating momentum for sustainable price increase."
Excerpt from Nansen report, July 2025
What is the sentiment in the derivatives market for BONK?
The Open Interest Weighted Funding Rate remains above zero, indicating that the majority of derivative contracts currently hold buying positions (long). With a Funding Rate of 0.0114%, long traders are paying a premium to maintain their positions.
TinTucBitcoin analyzes that the BONK chart pattern has broken out of a bullish structure, expecting a target of up to 0.00003900 USD; however, the price still faces two strong resistance levels at 0.00003461 and 0.00003680 USD.
Therefore, with the current accumulation rate, BONK has the opportunity to challenge these resistance levels, extending the price increase.
How does the market distribution affect BONK?
The Accumulation/Distribution (A/D) ratio reflects the contrast in the price trend of BONK. Despite strong accumulation cash flow, the market is still in a distribution phase with distribution volume over the past 24 hours reaching 31.88 trillion BONK.
Although the A/D shows a slight increase, indicating that distribution may slow down, if this trend can be maintained, BONK will have the opportunity to restart a long-term upward trend. Conversely, increased distribution will suppress the price even if there is a technical breakout.
"Market distribution is always a key factor affecting the sustainability of the cryptocurrency price increase, requiring investors to carefully observe this development."
Statement from the CEO of TinTucBitcoin, July 2025
Frequently Asked Questions about Bonk (BONK)
1. How much has Bonk (BONK) increased in price over the past week?
Bonk has increased by about 38% over the past week, showing strong attraction from investors and an optimistic sentiment in the market.
2. Who are the main investor groups accumulating BONK?
The group of spot market investors and smart money are accumulating the most, with a total value of over 33 million USD according to CoinGlass and Nansen data.
3. What does the Funding Rate indicate for BONK analysis?
The positive Funding Rate indicates that buying positions dominate; long traders are paying fees to maintain their positions, reflecting market price increase expectations.
4. How does the current distribution affect the price of BONK?
Strong distribution creates downward pressure; although BONK can technically break out, if distribution does not decrease, the upward trend will be hard to maintain long-term.
5. What price targets can BONK achieve in the near future?
Technical analysis targets up to 0.00003900 USD if it surpasses two important resistance levels at 0.00003461 and 0.00003680 USD.
Source: https://tintucbitcoin.com/bonk-dat-33-trieu-usd-rui-ro-giam/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
