Og what dumbs 80,000 BTC – Bitcoin is still ready for an explosion star-news.press/wp

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Arslan in Fukha

Coding

Arslan in Fukha

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Arslan Butt is an experienced web speaker, market analyst, and content writer who specializes in encryption, forex and commodities. The visions of experts, trading and in -depth analysis strategies …

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July 30, 2025

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Bitcoin is still impressive near $ 118,000, even after its huge sale of 80,000 BTC, at a value of more than $ 9 billion, in the market. The deal, which is implemented by Galaxy Digital and linked to the sleeper Satoshi-Ilud governor since 2011, caused a 4 % decrease in prices last week.

However, BTC quickly recovered, confirming the strength of institutional demand.

According to K33 Research’s Vetle Lunde, Founding Investors and Bitcoin Investors Completed 115165 BTC accumulated in July. Even after the whale selling, clear flows still show an excess of 35,165 BTC. This strong absorption capacity is to keep the bitcoin coin standing on its feet amid the pressure of heavy sale.

Meanwhile, technicians show a similar triangle on a 4 -hour time frame. The pattern is formed at the highest low levels and lower lower and usually precedes collapse. The resistance is $ 120,283, and Trendline’s support is monitored at $ 117,000.

The derivative market indicates tension

While the spot is quiet, bitcoin derivatives show tension. The open interest in the BTC Perpetual Futures 300000 BTC has exceeded, and the levels that have not been seen since November 2024. It is interesting that the financing rates are neutral, so the financial leverage is driven by institutional hedging rather than pure speculation.

Lunde notes that this can be OTC offices such as Galaxy surrounding their large sales through short future functions. This keeps the financing rates under examination, but the open high attention may lead to the liquidation chain if the big step leads to a stop on both sides.

Main points:

• BTC Perpetual Open Feature above 300K BTC
• Neutral financing rates, despite the leverage
• Support at a price of 117 thousand dollars, resistance at 120.3 thousand dollars
• Watch the storage unit in the event of an outbreak

Ethereum sees increased institutional flows

While bitcoin carries, Ethereum sees a clear institutional demand. Since mid -June, ETH ETFS has absorbed more than 1.6 million ETH, more than the previous 11 months combined. This ETH momentum helped win 52 % over the past month and push the ETTBTC ratio to 0.032, its highest reading since January.

CME data shows that unanimous institutional players added 527,000 ETH in July alone, indicating long -trending bets. Glassnode Reports The permanent open interest dominance of Ethereum has increased to nearly 40 %, and has rarely seen a level since early 2023. This transformation is alluded to the rotation of speculation away from bitcoin, at least temporarily.

With the American Macro stimuli, which are looming on the horizon, including the FOC rate decision, the deadline for tariffs in Trump on August 1, and the potential White House encryption report, traders must expect sharp volatility across BTC and ETH.

Technical expectations Bitcoin: the formation of a similar triangle

Technically, the bitcoin is located within a similar triangle on the graph for 4 hours, with the attention of the price between the highest levels and support for the upward trend. This is the preparation for a major collapse. BTC is currently at $ 118,000, just less than 50-SMA at $ 118,204, which now operates as a resistance.

RSI is 48 years old, neutral but increasing, so the momentum is built. The price has just bounced from upward support at $ 117,025, and it makes its lowest levels, which is an upward accumulation. Several small candles, including Dujis and spinning peaks, show frequency on the market, which is common before collapse.

The main levels of watching:

• resistance: $ 120,283 (triangle top)
• Hypocrisy objectives: 122,845 dollars and 125,408 dollars
• Supports: 117,025 dollars, then 114,532 dollars and 111,799 dollars

If BTC collapses more than $ 120,283 with size and RSI strength, we must see a momentum up to $ 125,000. A break less than $ 117,000 can witness support at 111,799 dollars.

Bitcoin Hyper Presae more than $ 5.7 million with prices approaching

Bitcoin Hyper ($ Hyper), the first layer of original bitcoin 2 supported by Solana Virtual Machine (SVM), collected more than $ 5.7 million in a period between them, with $ 5,700,020 from a goal of 6,102,789 dollars. The distinctive symbol is priced at $ 0.01245, with the expectation of the next level to announce the price soon.

It is designed to integrate Bitcoin quickly Solana, Bitcoin Hyper enables fast -cost smart contracts, DAPS, and create a Mimi currency, all with a smooth BTC Dam. The project is checked by consulting and engineering for expansion, confidence and simplicity.

The Golden Cross was made of the charger and true benefit of the Bitcoin A Contenter 2 of the competitors to watch in 2025. With interest, simplified precedent, and a full expected offering by Q1, Hyper acquires $ serious attraction.