According to glassnode, since April 21, Bitcoin's hot capital has surged from $20.7 billion to $39.1 billion, marking a significant increase of $18.7 billion or 92%. This rapid growth in short-term realized cap highlights a notable spike in active capital turnover, suggesting intensified trading activity and liquidity in the BTC market. Such a substantial increase in hot capital often signals greater volatility and potential for strong price movements, making it a key metric for traders monitoring short-term trends (source: glassnode, April 29, 2025).

According to glassnode, Bitcoin's Hot Capital—the combined value of coins moved within the last 24 hours and those aged 1 day to 1 week—reached $39.1 billion on April 28, the highest level since February 10, 2025 (source: glassnode, April 29, 2025). This surge highlights a significant increase in short-term holder activity, signaling a notable influx of speculative capital into the Bitcoin market. Traders should closely monitor this trend, as elevated Hot Capital often correlates with increased volatility and potential price swings, providing both risk and opportunity for active trading strategies. Tracking this metric can help inform timing of entries and exits amid shifting market sentiment.

According to glassnode, Bitcoin ($BTC) hot capital reached a low of $17.5B on March 23, marking the lowest level since December. Over the following five weeks, hot capital surged by $21.5B, indicating a rapid transition from market dormancy to heightened speculative activity, particularly among new entrants. This sharp influx of trading capital is a key signal for increased volatility and short-term trading opportunities in the BTC market (source: glassnode, April 29, 2025).