New Bitcoin Bull Run Incoming?

TL;DR

• Whales purchased greater than $3.1 billion value of BTC in lower than every week.
• The Concern and Greed Index has climbed again into “Greed” territory, reflecting rising optimism, although historical past warns in opposition to blindly following crowd sentiment.

Whales on the Transfer Once more

The favored crypto analyst Ali Martinez revealed on X that a few of the largest Bitcoin whales bought greater than 30,000 BTC previously 96 hours alone.

Among the largest whales on the community have purchased over 30,000 #Bitcoin $BTC within the final 96 hours! pic.twitter.com/Z0Ujszhdnc

— Ali (@ali_charts) June 3, 2025

In accordance with his estimations, the collective bitcoin possessions of this group of traders are round 4.52 million BTC, representing nearly 23% of the asset’s circulating provide. 

The most recent shopping for spree is available in distinction to the worth pullback of the main digital asset, which has slipped by round 3% over the previous week. Moreover, BTC (presently value roughly $105,800) is down 5.5% from its historic peak of almost $112,000, registered on Might 22. 

Such accumulation from whales is often interpreted as a bullish issue for the worth. The hassle leaves fewer property accessible on the open market, which, mixed with non-declining demand, may set off a rally. Moreover, it may function an encouraging signal to smaller gamers who might also be part of the ecosystem with contemporary capital.

Lower than every week in the past, Martinez introduced that traders holding between 100 BTC and 1,000 BTC (known as “sharks”) bought 20,000 BTC in the span of simply 48 hours. 

Again Into ‘Greed’ Territory

Whereas the whales’ exercise means that the worth might head north within the quick time period, different metrics point out that the alternative situation can also be not out of the query.

The favored Bitcoin Concern and Greed Index, which reveals the present investor sentiment towards the cryptocurrency, is one instance. 

On Might 31, BTC’s value slipped under $104,000, which precipitated the ratio to retreat to 50, or the “Impartial” zone. Nevertheless, the bulls recovered a few of the losses within the following days, and the index re-entered “Greed” territory.

This suggests rising optimism and an rising urge for food for BTC, however traders ought to keep alert. In any case, the cryptocurrency market typically defies the group’s expectations, whereas some distinguished people have beforehand advisable shopping for when concern dominates. On that observe, we will cite Warren Buffett’s well-known recommendation, who as soon as mentioned individuals ought to “be fearful when others are grasping and to be grasping solely when others are fearful.”