In recent days, several important signals have punctuated the analysis of the crypto market.
They show a striking contrast between the caution of individuals and the renewed confidence of institutions and long-term holders.
Here's what you need to know:
🐋 $63 billion accumulated by new whales
Since March 1, 2025, we have observed a massive accumulation of BTC by entities qualified as "new whales", holding more than 1,000 BTC and active for less than 6 months.
➡️ Their assets increased from 500,000 to 1.1 million BTC, or approximately $63 billion.
These entities are buying in a consolidation zone, far from any euphoria.
Historically, this type of institutional behavior has preceded major increases.
🧮 Hash Ribbons: a historic buy signal has just been activated
The on-chain indicator "Hash Ribbons," which is based on miners' hash rate dynamics, has just triggered a clear buy signal.
➡️ This signal occurs when the pressure on miners decreases and the hash rate starts to rise again.
In previous cycles, this has often marked the starting point of strong bullish rallies.
📉 Individuals are selling… or waiting
At the same time, retail demand is down 2.45% over 30 days. This shows that the market remains dominated by caution and a wait-and-see attitude.
➡️ No euphoria. No FOMO.
A configuration that strangely resembles the “low sentiment” phases of the past, just before the big recoveries.
🏦 Long-term holders are strengthening their positions
Another notable element: Long Term Holders (LTH) increased their exposure by +300,000 BTC in just 20 days.
➡️ The conviction is strong.
➡️ Selling pressure is historically low.
And the sharp rise in Net Realized Cap confirms that the market is absorbing new entries without pain.
📊 Binance regains ground
Finally, Binance recorded a significant increase in its BTC spot volume, with a market share increasing from 26% to 35%.
This shows a notable upturn in activity on one of the world's largest exchanges, often seen as a leading indicator of the return of volatility.
🧭 How to position yourself in this context?
The market is showing positive signs. But it remains uncertain for those who lack a framework and strategy.
