Bitcoin&#8217;s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. ## Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates&#8211;over 300% of yearly issuance&#8211;while exchanges are losing coins at a historic pace, according to Glassnode. Notably, Bitcoin&#8217;s yearly absorption rate by exchanges has plunged below -200% as outflows continue. This signals a growing preference for self-custody or long-term investment. _Bitcoin yearly absorption rates. Source: Glassnode_ Meanwhile, larger holders (100-1,000+ BTC) are scooping up more than three times the new issuance, marking the fastest rate of accumulation among sharks and whales in Bitcoin&#8217;s history. _Bitcoin yearly absorption rates of whales and sharks. Source: Glassnode_ This marks a structural shift as traditional finance increasingly adopts BTC, particularly with the approval spot Bitcoin ETFs last year. The result is less BTC supply on crypto exchanges and long-term bullish conviction among big holders. ## Most cohorts are buying the BTC price dip Bitcoin whales holding over 10,000 BTC remain in strong accumulation territory, with their Trend Accumulation Score at around 0.7 as of April 18, according to Glassnode. _Bitcoin trend accumulation score by cohort. Source: Glassnode_ This metric quantifies cohort behavior from distribution (0) to accumulation (1). The score implies confidence among the largest holders of Bitcoin. In contrast, the sell-off in smaller cohorts that have been distributing earlier in the year appears to be slowing down. That includes the 10-100 BTC and the 1-100 BTC groups, whose scores have climbed back to a neutral zone at around 0.5. Even the smallest cohort ( &#8220;Encouraging &#8211; but not convincing &#8211; yet. Bulls need to follow through with &gt; strength.&#8221; This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?

Bitcoin may be on the cusp of a strong bullish breakout as President Donald 
Trump considers replacing Jerome Powell as current chair of the Federal 
Reserve, even though he does not have the authority to do so. Regardless, if 
the…

Bitcoin forms bullish pennant as tensions worsen between Trump, Fed chair Jerome Powell

Bitcoin has remained sideways for the last couple of months, tossing between 
the $88K and $75K levels. It hasn&#8217;t made any significant moves to either side. 
New data from Glassnode shows that short-term Bitcoin holders are sitting on 
significant unrealized losses. On the other hand, however, long-term $BTC 
holders are still in profit. Keep reading to find out how Bitcoin can move in 
the weeks to come. We’ll also suggest some of the best altcoins you can buy to 
benefit from a potential $BTC rally. Is $BTC Bearish Now? It&#8217;s still too early 
to say that BTC has gone into bearish territory. Although the recent dips 
replicate its previous bearish run patterns, the dips aren’t as sharp. Plus, 
these drawdowns are mostly attributed to macroeconomic factors, including, of 
course, Trump’s tariffs. The fundamentals of the coin itself have little to do 
with these dips. A large part of the unrealized short-term losses are also 
because of the recent dips. A good thing, though, is that STHs aren’t selling 
$BTC as of now. Their willingness to sit on some losses shows that the market 
participants still believe in a positive long-term proposition. If you look at 
Bitcoin&#8217;s weekly chart, you’ll notice a sharp bounce from the 50 EMA, which 
also happens to be a critical support zone for the token. What&#8217;s more, the 
bounce is also occurring from the 50% Fibonacci level, showing continued 
strength. Another bit of positive news is that even after the recent 
turbulence, long-term holders are still sitting on unrealized profits and seem 
to be willing to absorb a bit of loss as well. All in all, Bitcoin seems to be 
well-positioned for a good rally that could see the king cryptocurrency 
reclaim its recent highs. If you’re looking to make the most of the upcoming 
run, here are some of the best cryptos to buy now. 1. BTC Bull Token 
($BTCBULL) – Best Altcoin to Buy and HODL in 2025 Bitcoin&#8217;s long-term bullish 
bias is very much intact thanks to unfazed institutional interest and 
increasing support from governments worldwide. If you want to make the most 
amount of gains from the next Bitcoin bull rally, a cheap crypto like BTC Bull 
Token ($BTCBULL) that&#8217;s built to follow Bitcoin&#8217;s coattails could be the 
answer. $BTCBULL is likely to closely follow Bitcoin&#8217;s upward trajectory 
because it will give free (and real) $BTC to its token holders. This will 
happen every time Bitcoin crosses a new landmark, such as $150K, $200K, and 
$250K. Additionally, the BTC Bull Token developers have also planned to follow 
a steady deflationary approach. Essentially, they will reduce the total token 
supply at regular intervals to maintain $BTCBULL&#8217;s demand and price. The good 
news keeps coming, as the project&#8217;s tokenomics suggest that 40% of the total 
supply will be used for PR and marketing. Again, this will bolster $BTCBULL&#8217;s 
hype in the market. BTC Bull Token is currently in presale, which has gone 
from strength to strength to collect over $4.8M so far. One token is available 
for just $0.00247, and here&#8217;s how to buy $BTCBULL. 2. MIND of Pepe ($MIND) – 
Top New AI Altcoin Offering Crypto Investment Advice Given the number of 
cryptos that have flooded the market in the last few months, finding 
profitable opportunities has become increasingly difficult. Enter MIND of Pepe 
($MIND). $MIND is not just the best AI agent coin, but it&#8217;s also, quite 
frankly, a genius. After it has studied the ongoing trends and chatter around 
crypto on online platforms like X, $MIND will use its revolutionary hive-mind 
intelligence to find out the best cryptos to invest in. In addition to such 
expert insights into crypto investing, $MIND token holders will also get 
exclusive access to the tokens created by MIND of Pepe firsthand. Naturally, 
these tokens will be built out of viral ideas, meaning they&#8217;ll be in a pole 
position to join the list of the top trending cryptos. The best part? MIND of 
Pepe is currently in presale ($8M+ raised), which is why each token is 
available for a low price of $0.0037215. For more info, check out our guide on 
how to buy $MIND. 3. Comedian ($BAN) – Pure Meme Coin Dominating the Market 
Right Now Comedian ($BAN) is unlike the two cryptos mentioned above, seeing as 
it has no real utility. In other words, it&#8217;s a pure meme coin that only 
thrives on market hype and community interest. However, because of how intense 
meme coin rallies can be, the ROI potential of tokens like $BAN is multiple 
times greater than almost every single conventional investment. $BAN, for 
instance, has gained more than 71,000% since its launch in October 2024. After 
a nearly month-long consolidation, the token has surged past its recent 
resistance level. $BAN is up over 17% in the last seven days and is currently 
trading at $0.04527. Comedian, by the way, is inspired by the controversial 
artwork of Maurizio Cattelan, which simply features a yellow banana taped to a 
wall. This modern artwork is controversial because it&#8217;s allegedly a disrespect 
to contemporary art, which features more sophisticated themes and intricate 
designs. Meme coins, however, thrive on such virality, which is exactly why 
$BAN has been so successful. Conclusion Although Bitcoin&#8217;s bullish outlook is 
undoubtedly great for your crypto portfolio, it&#8217;s important to remember that 
the market can change tides overnight. We suggest accounting for the current 
market volatility and uncertainty and only investing an amount you&#8217;re happy 
sidelining. Lastly, kindly do your own research before investing, as none of 
the above is financial advice.

Best Altcoins to Buy as Long-Term $BTC Holders Continue to Remain in Profit Despite Recent Turbulence

XRP trades at $2.08 on Saturday, April 19, 2025, boasting a $121 billion 
market capitalization and logging $1.43 billion in 24‑hour turnover. During 
the session, price meandered between $2.06 and $2.09—an unusually narrow 
corridor hinting at subdued volatility amid conflicting technical cues. XRP On 
the 1-hour chart, XRP opened the session near $2.043 and moved […]

XRP Price Analysis: Tight Range Masks Looming Breakout Potential

The growing adoption of cryptocurrencies may pose risks to the traditional 
financial system and exacerbate wealth inequality, according to the Bank for 
International Settlements (BIS).
In an April 15 report, the BIS warned that the number of investors and amount 
of capital in crypto and decentralized finance (DeFi) have &#8220;reached a critical 
mass,&#8221; with investor protection becoming a &#8220;significant concern for 
regulators.&#8221;
The size of the crypto market signals that authorities should be worried about 
the &#8220;stability of crypto over and above the role it may have for TradFi and 
the real economy,&#8221; the report states, highlighting the role of stablecoins, 
which the BIS said have &#8220;become the means through which participants transfer 
value within crypto.&#8221;
_BIS report on crypto and DeFi &#8216;s functions and financial stability 
implications. Source: __BIS_
The report calls for targeted stablecoin regulation on stability and reserve 
asset requirements that will guarantee the redemption of stablecoins for US 
dollars during &#8220;stressed market conditions.&#8221;
_**Related:**__**Spar supermarket in Switzerland starts accepting Bitcoin 
payments**_
The report comes two weeks after the US House Financial Services Committee 
passed the Stablecoin Transparency and Accountability for a Better Ledger 
Economy, or STABLE Act, with a 32-17 vote on April 2.
_Source:__Financial Services GOP_
The STABLE Act aims to create a clear regulatory framework for dollar- 
denominated payment stablecoins, emphasizing transparency and consumer 
protection.
On March 13, the GENIUS Act, short for Guiding and Establishing National 
Innovation for US Stablecoins, passed the Senate Banking Committee by a vote 
of 18-6\. The act aims to establish collateralization guidelines and require 
full compliance with Anti-Money Laundering laws from stablecoin issuers.
_**Related:**__**$400M Web3 investment fund ABCDE halts new investments, 
fundraising**_
## Crypto may exacerbate wealth gap
The BIS also raised concerns about how crypto markets may worsen income 
inequality by enabling larger investors to capitalize on the emotions of less 
sophisticated retail participants, as seen during the FTX collapse in 2022.
_Whale vs retail activity after FTX collapse. Source: BIS_ 
&#8220;As prices tumbled in 2022, users actually traded more,&#8221; the BIS report noted. 
&#8220;Most disturbingly, large bitcoin holders (&#8220;whales&#8221;) were selling as ordinary 
retail investors (&#8220;krill&#8221;) were buying.&#8221; It added:
&gt; &#8220;This implies that the crypto market, which is often presented as an 
&gt; opportunity for inclusive growth and financial stability, can be a means for 
&gt; redistributing wealth from the poorer to the wealthier.&#8221;
The report concludes that DeFi and TradFi have similar underlying economic 
drivers, but DeFi&#8217;s &#8220;distinctive features,&#8221; like &#8220;smart contract and 
composability,&#8221; present new challenges that need proactive regulatory 
interventions to &#8220;safeguard financial stability, while fostering innovation.&#8221;
_**Magazine:**__**Uni students crypto &#8216;grooming&#8217; scandal, 67K scammed by fake 
women: Asia Express**_

Crypto, DeFi may widen wealth gap, destabilize finance: BIS report

Ethereum is trading below critical resistance levels after enduring weeks of 
heavy selling pressure and lackluster performance. Since breaking below the 
psychological $2,000 mark, the price has dropped more than 21%, signaling 
growing uncertainty among short-term investors. This decline has raised 
questions among market participants, especially as Ethereum’s on-chain 
fundamentals remain robust. Related Reading: Solana Turns Bullish On 8H Chart 
– Break Above $147 Could Confirm New Trend Top analyst Ted Pillows shared 
insights suggesting that ETH is now trading near bear market lows—yet the 
network has never looked stronger. Over 95% of all stablecoin transactions are 
processed on Ethereum, and it still leads in Total Value Locked (TVL) across 
DeFi and Real World Asset (RWA) protocols. It is also the only altcoin with an 
approved spot ETF in the US, and numerous upgrades are lined up to improve its 
speed and reduce transaction costs. Despite these strengths, Ethereum&#8217;s price 
remains suppressed, leading to growing speculation: is this just market 
sentiment at play, or could it reflect coordinated manipulation to shake out 
weak hands before a reversal? As Ethereum continues to dominate the utility 
narrative in crypto, many long-term holders see this downturn as a strategic 
accumulation zone, while others brace for more downside. Ethereum Fundamentals 
Shine Despite Bearish Market Conditions Ethereum is facing a critical test as 
it trades near major demand levels while macroeconomic uncertainty deepens. 
Global tensions persist as US President Donald Trump escalates his trade war 
with China. The recent 90-day tariff pause for all countries except China has 
done little to ease market fears. As economic pressure builds between the 
world’s two largest economies, investors are increasingly turning away from 
high-risk assets like crypto, driving volatility across digital markets. 
Ethereum, like the broader crypto market, has suffered under this weight. The 
asset is now hovering just above bear market lows after a prolonged decline, 
prompting concerns over its short-term price action. Yet, despite the 
technical weakness, Pillows points to Ethereum’s strong fundamentals as a 
reason to remain optimistic. According to Pillows, Ethereum remains the 
backbone of the decentralized finance (DeFi) ecosystem. It processes over 95% 
of all stablecoin transactions, commands the highest Total Value Locked (TVL), 
and leads the charge in Real World Asset (RWA) tokenization. It&#8217;s also the 
only altcoin the US has approved for a spot ETF, adding institutional 
legitimacy. With several protocol upgrades ahead aimed at improving 
scalability and reducing costs, Pillows believes Ethereum’s current valuation 
could represent a long-term buying opportunity. As he puts it: if you believe 
in fundamentals, ETH remains the top bet among altcoins. Related Reading: 
Ethereum Price Stalls In Tight Range – Big Price Move Incoming? ETH Price 
Stuck In Range: Bulls Eye $1,800 Breakout Ethereum is trading at $1,590 after 
several days of choppy price action between $1,500 and $1,700. The market 
remains stuck in this narrow range as bulls struggle to regain momentum amid 
broader macroeconomic uncertainty. The inability to reclaim key resistance 
zones has kept ETH under pressure, and a decisive breakout is needed to shift 
sentiment. Bulls are currently eyeing the 4-hour 200-day Moving Average (MA) 
and Exponential Moving Average (EMA), both sitting near the $1,800 level. 
Reclaiming this zone would mark a major short-term victory for buyers and 
could signal the beginning of a recovery phase. A clean break above $1,800 
would also invalidate the current lower-high structure and potentially drive 
ETH toward higher supply areas near $2,000. Related Reading: Ethereum Whales 
Offload 143,000 ETH In One Week – More Selling Ahead? However, the downside 
risks remain. If Ethereum fails to hold above current support levels and dips 
below $1,550, the next leg could send the asset beneath the $1,500 mark. For 
now, the $1,500–$1,800 corridor defines Ethereum’s battleground, and traders 
are closely watching for a breakout that sets the next major direction. 
Featured image from Dall-E, chart from TradingView