{"id":71518,"date":"2025-06-04T10:59:57","date_gmt":"2025-06-04T10:59:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71518"},"modified":"2025-06-04T10:59:57","modified_gmt":"2025-06-04T10:59:57","slug":"30000-btc-bought-in-4-days-new-bitcoin-bull-run-incoming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71518","title":{"rendered":"30,000 BTC Bought in 4 Days: New Bitcoin Bull Run Incoming?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Whales bought more than $3.1 billion worth of BTC in less than a week.<\/span>
\nThe Fear and Greed Index has climbed back into \u201cGreed\u201d territory, reflecting rising optimism, though history warns against blindly following crowd sentiment.<\/p>\n

<\/a><\/span><\/h2>\n

Whales on the Move Again<\/h2>\n

The popular crypto analyst Ali Martinez revealed on X that some of the largest Bitcoin whales purchased more than 30,000 BTC in the past 96 hours alone.<\/span><\/p>\n

Some of the biggest whales on the network have bought over 30,000 #Bitcoin<\/a> $BTC<\/a> in the last 96 hours! pic.twitter.com\/Z0Ujszhdnc<\/a><\/p>\n

\u2014 Ali (@ali_charts) June 3, 2025<\/a><\/p>\n\n

According to his estimations, the collective bitcoin possessions of this group of investors are around 4.52 million BTC, representing almost 23% of the asset\u2019s circulating supply.\u00a0<\/span><\/p>\n

The latest buying spree comes in contrast to the price pullback of the leading digital asset, which has slipped by around 3% over the past week. Furthermore, BTC (currently worth approximately $105,800) is down 5.5% from its historical peak of nearly $112,000, <\/span>registered<\/span><\/a> on May 22<\/span>.\u00a0<\/span><\/p>\n

Such accumulation from whales <\/span>is typically interpreted<\/span> as a bullish factor for the price. The effort leaves fewer assets available on the open market, which, combined with non-declining demand, could trigger a rally. Additionally, it could serve as an encouraging sign to smaller players who may also join the ecosystem with fresh capital.<\/span><\/p>\n

Less than a week ago, Martinez <\/span>announced<\/span><\/a> that investors holding between 100 BTC and 1,000 BTC (referred to as \u201csharks\u201d) purchased 20,000 BTC in <\/span>the span of<\/span> just 48 hours.<\/span>\u00a0<\/span><\/p>\n

Back Into \u2018Greed\u2019 Territory<\/span><\/h2>\n

While the whales\u2019 activity suggests that the price may head north in the short term, other metrics indicate that the opposite scenario is also not out of the question.<\/span><\/p>\n

The popular Bitcoin Fear and Greed Index, which shows the current investor sentiment toward the cryptocurrency, is one example.\u00a0<\/span><\/p>\n

On May 31, BTC\u2019s price slipped below $104,000, which caused the ratio to retreat to 50, or the \u201cNeutral\u201d zone. However, the bulls recovered some of the losses in the following days, and the index re-entered \u201cGreed\u201d territory.<\/span><\/p>\n

<\/a>BTC Fear and Greed, Source: alternative.me<\/p>\n

This<\/span> suggests growing optimism and an increasing appetite for BTC, but investors should stay alert. After all, the cryptocurrency market often defies the crowd\u2019s expectations, while some prominent individuals have previously recommended buying when fear dominates. On that note, we can cite Warren Buffett\u2019s famous advice, who once said people should \u201c<\/span>be<\/span> fearful when others are greedy and to be greedy only when others are fearful.\u201d<\/span><\/p>\n

The post 30,000 BTC Bought in 4 Days: New Bitcoin Bull Run Incoming?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Whales bought more than $3.1 billion worth of BTC in less than a week. The Fear and Greed Index has climbed back into \u201cGreed\u201d territory, reflecting rising optimism, though history warns against blindly following crowd sentiment. Whales on the Move Again The popular crypto analyst Ali Martinez revealed on X that some of the […]<\/p>\n","protected":false},"author":0,"featured_media":71519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71519"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}