Giant Whale bucked the trend and gained 1.2 billion BTC, and retail sell-off couldn't stop expectations at the 70,000 mark

According to Woofun AI, the Bitcoin giant whale bucked the trend and attracted large sums of money against the backdrop of the “Clarity Act” being blocked. This phenomenon reflects the firm optimism of institutional investors about long-term fundamentals, and the recovery in demand is gradually offsetting market concerns brought about by regulatory uncertainty.

Since July 29, there has been a marked divergence in market capital flows. According to data compiled by Woofun AI, wallet addresses holding 10 to 10,000 bitcoins have accumulated more than 20,000 BTC during this period, with a total investment amount of 1.2 billion US dollars.

Notably, these large-scale purchases were mainly concentrated in the range that Bitcoin price fluctuated around $65,000, showing the positive layout intention of large funds near the key support level.

In stark contrast to giant whale's aggressive position opening, retail investors continued to reduce their holdings, showing a typical pattern of 'retail investors leaving the market and institutions entering the market'. Meanwhile, Bitcoin spot ETFs recorded net inflows, further confirming the renewed interest of institutional investors. This reversal of the funding structure shows that although short-term policy barriers still exist, the main capital is preparing for potential price increases through the dual path of ETF channels and direct on-chain purchases.

Market analysts pointed out that if the divergent trend of giant whales attracting funds and retail sell-offs continues, the probability of BTC breaking through the $70,000 mark rather than falling below the $60,000 support level will increase significantly. Historical fluctuation patterns show that changes in the positions of large holders are often a leading indicator of price changes. However, external variables such as sudden changes in regulatory news or macroeconomic changes may still disrupt the trend, and investors need to be wary of the high volatility inherent in digital assets.