Bitcoin currently has a market cap dropping below 60%, with Ethereum accounting for more than 11%. Large transactions and investment moves are witnessing significant volatility in the global cryptocurrency market.
The large selling activities of whales and listed companies are changing the capital structure and portfolio of cryptocurrency assets, while many businesses and investment funds are expanding their strategies for holding and trading cryptocurrencies.
MAIN CONTENT
Bitcoin's market capitalization drops below 60%, while Ethereum maintains 11.4%.
Large funds and listed companies are increasing their accumulation and trading of Bitcoin and Ethereum.
Newly launched projects and platforms contribute to the development of cryptocurrency and Web3.
Why is Bitcoin losing market cap share?
Data from Coingecko shows Bitcoin currently holds about 58.5% of the cryptocurrency market cap, down from over 60% previously, while Ethereum accounts for 11.4%.
This reflects the shift of cash flow and diversification of investors into other coins, with Ethereum holding the number 2 platform position. The drop in Bitcoin's market cap is often related to selling activities by whales and macroeconomic fluctuations.
How do Bitcoin whales sell large amounts of high-profit WBTC?
On-chain data confirms a whale sold 700 WBTC worth about $82.4 million in the past 3 days, making a profit of nearly $74.9 million from a position built 4 years ago.
"Selling more than half of the accumulated WBTC position at low prices shows an effective profit-taking strategy of whales in the growth market context."
Mr. Nguyen Van Binh, On-chain Analysis Expert, 07/2025
The whale still holds about 800 WBTC, reflecting a long-term trust maintenance but with profit adjustments according to the current market cycle.
How does Ark Invest sell Coinbase shares and cryptocurrency assets?
Cathie Wood's Ark Invest sold nearly 219 thousand shares of Coinbase worth $90.58 million along with Robinhood and Block Inc lots in ETF funds on 21/07/2025.
This move reflects a portfolio restructuring strategy focusing on profitability and asset diversification, according to analysis from The Block. The sale of shares aims to balance risk as the cryptocurrency market is highly volatile.
Is the rate of profitable Ethereum addresses reaching the highest level since December 2024?
According to Sentora, over 90% of Ethereum addresses are currently profitable, the highest since December 2024, indicating a strong recovery power of ETH amid low selling pressure.
"The rate of profitable Ethereum addresses above 90% reflects the positive trend of the Ethereum market, setting the stage for the next resistance levels around $4,000."
Mr. Le Minh Quan, Cryptocurrency Market Analyst, 07/2025
About 2.39 million addresses are still in loss, indicating there is still much potential for accumulation and price adjustment before ETH can break out.
Which listed companies are increasing their accumulation and developing cryptocurrency strategies?
Companies like Volcon (soon to be renamed Empery Digital), GameSquare, and Strategy (MicroStrategy) are significantly increasing their holdings of Bitcoin and Ethereum.
Volcon raises over $500 million for its Bitcoin fund, holding 280.14 BTC. GameSquare increases its digital management fund to $250 million, owning over 10,170 ETH. Strategy purchases an additional 6,220 BTC worth nearly $740 million, raising total holdings to over 607,700 BTC.
What new and notable products and platforms are in the cryptocurrency market?
Coinbase officially offers perpetual futures trading in the U.S. starting July 21, 2025, through a CFTC-licensed platform, expanding legal investment opportunities for U.S. users.
The xTAO platform of the Bittensor ecosystem is listed on the TSX Venture Exchange with $22.8 million in funding, promoting the development of decentralized data models and machine learning.
What new investment waves and Web3/AI projects are attracting large capital flows?
Amber Group launches the BUIDL_QUESTS 2025 hackathon acceleration program with a support fund of over $10 million, focusing on the AgentFi field for automated economic exploitation using AI.
Kaito introduces Capital Launchpad – a new Web3 fundraising platform applying on-chain indices and social investment, replacing the model of 'first come, first served'.
Important changes in legal and cryptocurrency policies in the United States?
The White House is preparing to announce the first crypto policy report at the end of July 2025, marking an important milestone for the management and development direction of cryptocurrency in this country.
Polymarket has reached an agreement to acquire QCX to operate legally in the United States, following investigations and approvals from regulatory agencies such as the DOJ and CFTC.
What are the notable mergers, listings, and fundraising in July 2025?
Company/Project Action Value (USD) Notes Volcon / Empery Digital Private fundraising 500 million Buy 280.14 BTC, rename, expand Bitcoin fund Ark Invest Sell Coinbase, Robinhood, Block Inc shares 100 million Reduce cryptocurrency company stock holdings Strategy (MicroStrategy) Buy more Bitcoin 740 million Total holdings >607,700 BTC xTAO Listed on TSXV, raised 22.8 million Develop Bittensor ecosystem Amber Group BUIDL_QUESTS 2025 Hackathon 10 million Promote automated agent economy Web3/AI
Frequently Asked Questions
What does Bitcoin's market capitalization falling below 60% mean?
This indicates that the market is diversifying into other cryptocurrencies, especially Ethereum and Altcoin, creating new investment opportunities.
Do large WBTC sales by Bitcoin whales affect the market?
Whale trading often creates significant volatility but also reflects profit-taking trends when prices rise, helping to balance the market.
Why did Ark Invest sell Coinbase shares and cryptocurrency assets?
Ark Invest restructures its portfolio to reduce risk and increase liquidity amid a highly volatile market.
Does Ethereum have any supporting factors for a strong price increase?
The rate of over 90% of addresses being profitable and positive cash flow into Ethereum holding funds indicates a positive outlook.
Can U.S. users now participate in perpetual futures trading?
Coinbase has just been licensed by the CFTC to provide this service, opening legal opportunities for investors in the U.S. from July 2025.
Source: https://tintucbitcoin.com/tin-tuc-tien-dien-tu-21-22-7/
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