Key Takeaways
Ah, Bitcoin—oscillating like a diva on a mood swing. Its price soars on the stage of fickle fortune, while the whale wallets vanish faster than last year’s fashion. 2021 called; it wants its drama back. Yet, relentless ETF inflows and corporate love affairs keep the show’s momentum flickering—perhaps this is a performance that outlives the models, even if analysts whisper of an impending curtain call for October. 🎭🤔
According to the oracle—err, on-chain data from Alphractal—Bitcoin [BTC] appears to be channeling the ghost of 2021’s final act.
The script? Prices ascend like Icarus, despite the number of giant wallets shrinking faster than the wizard’s beard.
This uncanny divergence has some experts clutching their crystal balls, whispering about a possible finale to this bullish saga.
Joao Wedson, the sage of on-chain prophecies, insists we’re only weeks away from the curtain dropping. Wallets holding over 10,000 BTC are dropping below 90—perhaps the VIPs are heading to the exit.
He predicts the grand show ends by October, aligning with fractal prophecies—oh, the mysteries of Market Tarot! 🌟🔮
Meanwhile, Bitcoin’s price stays resilient, clinging above $117,265 since the July peak—like a stubborn cat refusing to leave the sunbeam.
Corporate Shoppers Keep Buying—Because Who Doesn’t Love a Good Bubble? 💼💰
Despite the doom-mongers’ tales of impending doom, the corporate coffers are overflowing with Bitcoin enthusiasm. MicroStrategy, the Swiss Army knife of crypto investors, under Michael Saylor’s command, added a cool $2.46 billion worth of BTC—because why not? That bumps their stash to a staggering $74.18 billion, surging 60% faster than your Aunt Linda’s fruitcake recipes, according to SaylorTracker.
And the party isn’t exclusive—Mara Holding threw in $950 million in just one day, like a gambler doubling down at the last minute.
Bitcoin dominance among these public giants isn’t shrinking—nope, it’s climbing. Forty-two firms now hold 4.28% of the total BTC supply, with MicroStrategy wielding 2.894% like a crypto kingpin. 👑
Their unwavering appetite suggests that, despite the crystal ball gazers predicting a dip in August or September, on-chain whispers say—more buying, more believing. Take that, skeptics! 💥
ETFs Are Still Dancing to the Bullish Tune 🎶
Meanwhile, Wall Street’s favorite children—the Bitcoin spot ETFs—are still singing the bullish blues. Total assets under management stand at a hefty $151.28 billion, practically a financial symphony. 🎼
In July alone, $541.6 million in Bitcoin bid farewell—perhaps to be mourned. But the real story? $4.83 billion was bought in the same month, like a shopping spree faster than Santa on Christmas Eve. 🎅💸
If this buying binge continues into the third quarter, the fractal prophets might be left scratching their heads. Perhaps this market wave is just a gentle tide, not a tsunami—at least not yet. 🌊
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2025-07-31 00:21