300K BTC Liquidated as Bitcoin ETFs Drive Institutional Wealth Shift
On-chain data shows long-term Bitcoin holders have sold nearly 300,000 BTC (about $33 billion) since July 2025, shifting ownership quietly to institutional buyers. Major spot Bitcoin ETFs from BlackRock and Fidelity now hold around 1.4 million BTC ($139 billion AUM). After a $2.9 billion outflow in October, ETF inflows rebounded with $300 million entering within 72 hours. These institutional inflows have stabilized the crypto market, keeping BTC trading between $95,000 and $106,000 and reducing volatility to 35%, roughly half its historical average. Unrealized losses remain minimal at 3.1%. Private deals and ETF setups now absorb most BTC liquidation, challenging traditional cycle theory: post-halving gains have been just 41% versus historical post-halving rallies above 150%. Analysts highlight resistance at $107,000â$118,000 due to ongoing distribution, with support near $88,500. A sustained hold above $100,000 backed by steady Bitcoin ETF demand could trigger the next bull leg, while a break below may test lower support.
Bullish
The sharp transfer of 300K BTC into spot Bitcoin ETFs and corporate treasuries signals robust institutional demand and reduced volatility, anchoring price support around $100K. Historical parallels, such as early ETF-driven inflows in 2021, suggest that sustained Bitcoin ETF inflows can fuel further price appreciation. While resistance at $107Kâ$118K may cap short-term gains, the structural shift away from retail selling toward long-term institutional holders promotes market stability and lowers drawdown risk. These factors point to a bullish outlook: steady ETF demand could spark the next major rally once key resistance is overcome.