BlackRock&#8217;s ETHA leads with $440 million as Ether ETFs stretch their inflow streak to 16 days, pushing total net assets to $20.66 billion.

Spot Ether ETFs log $453M in inflows, extend streak to 16 days

The Sky Protocol token spiked Saturday to its highest level this year as whale 
accumulation intensifies and fundamentals strengthen.

Sky Protocol token price jumps amid strong whale buying

A young and tech-savvy population, combating inflationary pressures, is 
driving Bitcoin adoption and a new financial system in Pakistan.

Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib

Bitcoin faced renewed volatility after a minor pullback interrupted two weeks 
of tight consolidation just below its all-time high of $123,000. The price 
briefly dipped near the $115,000 support level but has already begun to 
recover, signaling that bullish momentum remains intact despite recent selling 
pressure. Market participants appear to be reacting calmly, with strong demand 
quickly absorbing the dip. Related Reading: Bitcoin Pullback Remains Within 
Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic According 
to fresh data from CryptoQuant, today’s price movement coincides with a 
significant increase in open interest across major exchanges. Binance, Bybit, 
and Gate all recorded sharp spikes in open interest within the last 24 hours, 
suggesting that traders are positioning aggressively. Notably, these exchanges 
were among the recipients of large Bitcoin transfers earlier in the day, 
likely tied to institutional or whale activity. This alignment of price 
recovery and rising open interest hints at a shift in sentiment. Short-term 
traders are re-entering the market, while bulls appear ready to defend key 
levels. As volatility picks up, Bitcoin’s ability to hold and reclaim recent 
support will determine whether it resumes its upward march or remains range- 
bound. The coming days could be critical for setting the tone of the next leg 
in Bitcoin’s price action. Rising Open Interest Signals Growing Volatility 
According to Julio Moreno, CryptoQuant’s head of research, over the last 24 
hours, open interest surged by approximately $4 billion, indicating that 
leveraged positions—particularly shorts—have entered the market in large 
numbers. This spike coincided with significant Bitcoin transfers to major 
exchanges like Binance and Bybit, which received a substantial portion of 
today’s large-volume transactions. These developments suggest increased 
speculative activity as traders anticipate further price movement. The inflow 
of coins to exchanges, combined with rising open interest, typically signals 
upcoming volatility. Short sellers appear to be betting on continued downside, 
but with Bitcoin already recovering from its recent $115,000 dip, this could 
lead to a short squeeze if momentum shifts back in favor of the bulls. This 
market shift comes as Ethereum and altcoins show notable strength. Since May, 
Ethereum has consistently outperformed Bitcoin, aided by institutional 
accumulation and clearer regulatory signals in the US. As ETH leads the 
altcoin rally, investors are watching closely to see whether capital rotation 
from BTC into altcoins continues. Related Reading: Ethereum Whales Accumulate 
Over $4.1B In ETH In Two Weeks – Details Bitcoin Holds Key Support After Minor 
Pullback The daily Bitcoin chart shows that BTC remains in a bullish structure 
despite recent volatility. After briefly consolidating near the $122,000 
resistance zone and reaching an all-time high just above that level, the price 
retraced toward the $115,700–$117,000 support band. This zone, marked by the 
horizontal yellow range, also aligns closely with the 50-day simple moving 
average (SMA), currently at $117,593.23, reinforcing its role as a strong 
technical support. The overall uptrend that started in early May remains 
intact, with higher highs and higher lows clearly visible on the chart. 
Notably, BTC continues to trade well above the 100-day (green) and 200-day 
(red) SMAs, which sit at $112,547.95 and $109,436.38, respectively. These 
levels serve as deeper support zones if selling pressure intensifies. Volume 
has increased slightly on red candles, indicating some sell pressure, but 
there is no sign of panic. As long as BTC holds above the $115,700 level, 
bulls maintain the advantage. A breakout above $122,000 would signal trend 
continuation and could open the path to new highs. Featured image from Dall-E, 
chart from TradingView

$4B Increase In Bitcoin Open Interest Fueled By Whale Transfers To Exchanges – Details

A solo miner hit the jackpot on Saturday morning by solving block 907283, and 
data shows they did it with a modest hashrate of about 48.3 terahash per 
second (TH/s). Not bad for what’s essentially a one-person operation punching 
way above its weight. CK Pool Soloist Hits Block After 2,294 Misses Since the 
Last One […]

Solo Miner With a Tiny 48 Terahash Strikes Bitcoin Block, Beats the Mining Pool Titans

The current Ethereum price is hovering just below a critical resistance level 
as spot ETFs attract billions, signaling growing institutional confidence.