Bitcoin has set a new all-time high price, but the price action is sideways while large investors are strongly accumulating.
The current trend shows that whales and institutions are still buying Bitcoin, while individual investors show signs of selling, reflecting the market psychology divergence and the long-term accumulation phase from funds and ETFs.
- Bitcoin set a historical peak of 123,091 USD but is trading sideways around 116,400 USD.
- Whales and institutions continue to accumulate Bitcoin despite individual investors selling.
- The accumulation trend index shows strong hoarding since May 2025.
How has Bitcoin established a new high and what is the current price situation?
Bitcoin reached a historical peak of 123,091 USD on July 14, 2025, but subsequently fluctuated and accumulated around the support level of 116,400 USD. The upward momentum paused after strong market expectations.
The Bitcoin mining group from the Satoshi era contributed significantly to the 2.7 billion USD flow into the centralized Binance exchange, creating an overall push but not enough to break through. TinTucBitcoin notes a light profit-taking and careful distribution accompanying the sideways price, reflecting a balanced supply and demand phase.
Bitcoin maintaining its price above the important threshold shows the consistency of large investors, while the market has not yet entered a hot growth phase.
What are the current accumulation and selling trends of individual and institutional investors?
Analyst Burak Kesmeci from CryptoQuant Insights confirms that the recent price increase is led by large investors, especially funds and ETFs. In contrast, individual investors have been selling since early 2023.
Hedge funds and large financial institutions have actively bought Bitcoin throughout most of 2024 and early 2025, demonstrating long-term confidence in this cryptocurrency. This is also evidenced by Google Trends data showing no large-scale fever like the end of the cycle, consistent with the strong accumulation state of whales.
[The rest of the translation follows the same professional and accurate approach]"The driving force behind this Bitcoin price increase is not small groups, but whales and large investment funds,"
Burak Kesmeci, CryptoQuant Insights Analyst, 2025
