Bitcoin, Whales and Institutions Buy… ETF Daily Net Inflow of 20,000 BTC

Large investors' buying pressure for Bitcoin (BTC) has been detected simultaneously on both on-chain and ETF sides. Whale wallet balances are increasing, and significant funds are flowing into major ETFs, raising expectations for market recovery.

According to on-chain data analysis company Cryptoquant on the 11th, wallets holding 1,000 to 10,000 BTC have been increasing at a faster rate than the average of the past 30 days. This range is typically classified as whales or institutions. Their accumulation is considered a key indicator of market sentiment.

A similar trend was observed in the ETF market. According to data analysis company CoinGlass, the top 15 Bitcoin spot ETFs in the United States saw a net inflow of 22,368 BTC as of that morning. Notably, Fidelity's FBTC led the overall net inflow with about 22,200 BTC in just one day. Meanwhile, some ETFs like BlackRock IBIT, Grayscale GBTC, and ARK Invest's ARKB experienced slight outflows. Overall, the buying trend remained strong. ETF holding data is aggregated based on UTC and may vary depending on the asset management company's disclosure timing.

Cryptoquant analyzed that "while BTC is currently facing resistance around $84,000 in the short term, the strong on-chain buying trend and ETF fund inflows continue, making the conditions for an increase still valid." They added, "Market-wide selling pressure is decreasing, and long-term holders and institutional buying are strengthening," and "the structure for market recovery is already in place".

As of CoinMarketCap, BTC is fluctuating around the $81,000 range. BTC, which had broken through $83,000 thanks to the Trump administration's mutual tariff suspension measure, is now showing a slight decline.

Reporter Do Ye-ri

yeri.do@sedaily.com