Bitcoin (BTC) is trading near $86,470 after a 1.2% intraday drop, showing signs of short-term consolidation. Yet, under the surface, investor sentiment remains increasingly bullish.
Arkham Intelligence reports a major Bitcoin whale recently sold 11,400 BTC while securing 2,400 BTC in gains, bringing their holdings to over 15,000 BTC valued at $1.3 billion.
Institutional activity is also ramping up. BlackRock’s iShares Bitcoin Trust (IBIT) acquired 4,054 BTC, adding to the $744 million net inflow into spot Bitcoin ETFs. These large-scale moves reinforce confidence in Bitcoin’s long-term trajectory, especially as supply becomes more constrained and institutional demand builds.
Another dormant wallet, inactive for eight years, transferred 3,000 BTC—worth approximately $250 million—suggesting long-term holders are re-entering the market.
These funds will include both U.S.-based equities and crypto assets like Bitcoin and Cronos (CRO), expanding accessibility across the U.S., Europe, and Asia.
Trump Media & Technology Group has partnered with Crypto.com to launch a new suite of exchange-traded funds (ETFs) under the Truth.Fi brand.
The growing trend of integrating digital assets into traditional investment vehicles highlights a shift in how institutions and retail investors perceive crypto—more as a portfolio cornerstone than a speculative bet.
This follows Truth.Fi’s soft launch in January and a $250 million investment facilitated via Charles Schwab.
Given the historical correlation between Tesla and Bitcoin, her bullish stance on tech innovation could ripple across crypto markets.
Cathie Wood of Ark Invest recently reaffirmed her long-term confidence in disruptive technologies. She projects Tesla stock to reach $2,600 in five years, citing robo-taxis and humanoid robotics as key drivers.