Key notes
- The whales have sold more than 29,000 BTC worth 2.4 billion dollars since April 9.
- The strategy has added $ 285 million in Bitcoin and Semler Scientific deposited a collection of $ 500 million, in part to finance other Bitcoin purchases.
- Bitcoin is currently negotiated at around $ 83,300, down around 2.7% in the last day.
Bitcoin
BTC
$ 83 704
24h volatility:
2.5%
COURTIC CAPESSION:
$ 1.66 T
Flight. 24 hours:
$ 26.25 B
Stable at around $ 83,300 on Wednesday, despite a 2.7% drop in the last 24 hours. This comes in the middle of a wave of whale activities and fresh institutional purchasing.
According to data shared by the popular analyst of Crypto Ali Martinez, the whales have locked the profits in the recent weekly price wave of 7.5%. They have unloaded more than 29,000 BTC worth more than $ 2.4 billion since April 9.
The whales made profits during the recent rally, discharging more than 29,000 #Bitcoin $ BTC Since April 9. pic.twitter.com/dex8ialzc3
– Ali (@ali_charts) April 16, 2025
Meanwhile, Semler Scientific filed with the American sec to issue a value of $ 500 million in securities, a decision to strengthen its finances – partly to buy more bitcoin.
The company has also temporarily accepted a regulation of $ 29.75 million with the Ministry of Justice for alleged marketing violations. To finance payment, Semler intends to take a loan from Coinbase, using its 3,192 BTCs, worth around 267 million dollars, as guaranteed.
In addition, Michael Saylor’s strategy acquired additional $ 285 million in Bitcoin this week. The announcement occurred shortly after the revelation of the company that it made $ 6 billion from its Bitcoin holdings in the first quarter of 2025, strengthening its long -term upward position.
Bitcoin (BTC)
On the daily BTC price table, Bollinger bands have recently expanded, referring to the increase in volatility. The price is currently close to the intermediary band (an average of 20 days). A decisive fence above $ 87,100 could confirm the bullish momentum.
However, the shift below the lower strip almost $ 77,900 can cause new drop in prices.
Btc price that | Source: Commercial view
The RSI is greater than 49 with a flat gradient, suggesting an indecision on the market. Although it is not yet occurred or overabundant, any RSI movement beyond 55 could provide a clear direction.
Meanwhile, the MacD shows a light bullish crossing, although its flattening histogram suggests that Bulls can lose steam. At the time of writing this document, the Bitcoin trading volume dropped by around 9% to 26.8 billion dollars.
Btc price that | Source: Commercial view
The resistance remains stiff between $ 87,000 and $ 88,000. Adding to pressure, more than $ 600 million in short positions could be liquidated if Bitcoin dates back to $ 86,900 – a level that many traders look closely.
More than $ 600 million in short positions will be faced with liquidation #Bitcoin $ BTC Rebounds at $ 86,900! pic.twitter.com/fdbbceqymq
– Ali (@ali_charts) April 15, 2025
Investor Evan Luthra recently shared his upward position on the greatest cryptocurrency, noting that the Bitcoin supply on exchanges is dried up.
“The pressure is real,” he posted, Predict a major escape in front.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
