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Retail investors accumulate nearly 10,000 BTC in a few days – Will Bitcoin create a new ATH?
The price of Bitcoin continues to break through as buying power from small investors – often referred to as "Shrimps" – rises to the sky, with nearly 10,000 BTC added to wallets in just one week.
This wave of stockpiling occurs in the context of a stable market, while many long-term investors take the opportunity to secure profits, creating an interesting balance between supply and demand.
Small wallets are rushing to accumulate when the price of Bitcoin accelerates
The price of Bitcoin is approaching its historical peak, in the context of a group of retail investors – those wallets holding less than 100 BTC, often referred to as "Shrimp" – who have net bought nearly 10,000 BTC in just one week.
Data from Glassnode, a blockchain activity analysis platform, shows that the buying power from the "Shrimp" to "Fish" group (Shrimp-to-Fish, owning less than 100 BTC), has become a significant force in the market. In just one month, they have accumulated over 17,000 BTC – far exceeding the amount of Bitcoin mined during the same period, which is around 13,850 BTC.
Although trading volume has decreased since mid-July, the appeal of Bitcoin remains stable. Spot volume dropped from 10.22 billion USD (16/7) to 6.61 billion USD (7/8), while futures contracts also fell from 60.17 billion USD to 41.05 billion USD – but still significantly higher than the bottom in early July.
On X network, analyst Ali Martinez revealed that long-term investors sold about 44.5 million USD worth of Bitcoin in just the last two days. This indicates that a segment of "big hands" is taking profits as prices rise to the sky, alongside a wave of buying from new investors, creating a special balance in the market.
The BTC market remains calm as risk signals are at a low level
As of August 9, Bitcoin still remains in the "low risk" zone, according to expert evaluations. The Bitcoin Vector market research group stated that this cryptocurrency continues to hold the support level around $114,000 and has maintained a low-risk status for 100 consecutive days.
This development is reminiscent of the pattern that appeared from October 2020 to April 2021 – a period during which Bitcoin experienced a prolonged price increase.
Just a week later, Swissblock also reiterated this past "quiet period" and stated that the scenario of breaking below the 110,000 USD mark – which had previously caused investor concern – did not occur. Instead, the price of Bitcoin reached the "green zone" (blue zone), an important price threshold, indicating that investors are patiently waiting for a confirmation signal for the next rise.
If the current price level holds, the next expected scenario is a breakout towards $120,500.
As of the time of writing, Bitcoin is trading at $116,413. This stability – with no strong fluctuations or unusual signals – is creating a rare "peaceful" atmosphere in the market. Observers are currently closely watching whether the buying power from retail investors is strong enough to push the price further in the near future.
Block Inc. increases holdings despite losses from Bitcoin
The price of Bitcoin continues to receive strong support from the growing interest of major corporations. Recently, Block Inc., led by CEO Jack Dorsey, added 108 BTC to its portfolio in Q2/2025, bringing its total holdings to 8,692 BTC, according to a filing submitted to the (SEC).
Block's Q2 business results recorded revenue of 6.05 billion USD, with gross profit rising to the sky by 8.2% to 2.54 billion USD, most of which came from Bitcoin-related activities through the Cash App. However, the company had to account for a revaluation loss of up to 212.17 million USD due to the market price of BTC dropping, in contrast to a profit of 70.12 million USD in the same period last year.
The persistent interest from both retail investors and large institutions is becoming an important driver for the recent price increase. In addition to Block, the market has also witnessed active players such as Strategy, Metaplanet, and Smarter Web Company – among which Smarter Web Company stands out with a BTC yield of up to 48.273%.
With the demand for buying rising to the sky, analysts believe that Bitcoin is likely to maintain a positive growth trajectory in the near future.
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