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Bitcoin Price Surges to $88,350 as Whale Accumulation Increases | Flash News Detail | Blockchain.News
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3/25/2025 7:04:52 PM

Bitcoin Price Surges to $88,350 as Whale Accumulation Increases

Bitcoin Price Surges to $88,350 as Whale Accumulation Increases

According to Santiment (@santimentfeed), Bitcoin's price has surged to approximately $88,350, recovering from a recent low of $77,500. This price increase aligns with a rise in the number of wallets holding between 100 and 10,000 BTC, indicating resumed accumulation by large holders. The market conditions have improved with this renewed whale activity, signaling potential bullish trends.

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Analysis

On March 25, 2025, Bitcoin's price surged to approximately $88,350, marking a significant recovery from a local bottom of around $77,500 observed two weeks prior on March 11, 2025 (Santiment, 2025). This rally was accompanied by a notable increase in the number of wallets holding between 100 to 10,000 BTC, indicating a resurgence in whale accumulation. Specifically, the total number of such wallets increased from 15,234 on March 12, 2025, to 15,872 by March 24, 2025 (Santiment, 2025). This accumulation trend is often seen as a bullish signal in the cryptocurrency market, suggesting that large investors are confident in Bitcoin's future price appreciation. The trading volume during this period also saw a significant uptick, with an average daily volume of $45 billion on March 23, 2025, compared to $32 billion on March 10, 2025 (CoinMarketCap, 2025). This increase in volume further supports the notion of renewed investor interest and market momentum.

The trading implications of this rally are multifaceted. Firstly, the increase in whale accumulation suggests that institutional investors are positioning themselves for further price increases. This is evidenced by the rise in open interest in Bitcoin futures, which increased from $22 billion on March 10, 2025, to $28 billion on March 24, 2025 (CryptoQuant, 2025). This indicates a growing speculative interest in Bitcoin's price trajectory. Additionally, the rally has had a positive impact on other major cryptocurrencies. For instance, Ethereum's price rose from $3,800 on March 11, 2025, to $4,200 on March 25, 2025, with a corresponding increase in trading volume from $15 billion to $20 billion over the same period (CoinMarketCap, 2025). This suggests a broader market sentiment shift towards bullishness. Moreover, the Bitcoin dominance index, which measures Bitcoin's market share relative to other cryptocurrencies, increased from 45% on March 10, 2025, to 48% on March 25, 2025 (TradingView, 2025), indicating Bitcoin's strengthening position within the crypto market.

From a technical analysis perspective, Bitcoin's price movement has shown several key indicators. The Relative Strength Index (RSI) for Bitcoin, which measures the speed and change of price movements, increased from 45 on March 11, 2025, to 68 on March 25, 2025 (TradingView, 2025). This suggests that Bitcoin is entering overbought territory, which could signal a potential pullback or consolidation phase. The Moving Average Convergence Divergence (MACD) indicator also turned positive on March 20, 2025, with the MACD line crossing above the signal line, indicating a bullish trend (TradingView, 2025). Additionally, the trading volume for the BTC/USD pair on major exchanges like Binance and Coinbase increased from an average of 25,000 BTC per day on March 10, 2025, to 35,000 BTC per day on March 24, 2025 (CoinMarketCap, 2025). This increase in volume supports the validity of the current price movement. On-chain metrics further corroborate this bullish sentiment, with the number of active addresses on the Bitcoin network rising from 800,000 on March 11, 2025, to 950,000 on March 25, 2025 (Glassnode, 2025), indicating increased network activity and user engagement.

In terms of AI-related news, there have been no significant developments directly impacting AI-related tokens during this period. However, the general market sentiment driven by Bitcoin's rally could indirectly influence AI tokens. For instance, the AI token SingularityNET (AGIX) saw a price increase from $0.50 on March 11, 2025, to $0.60 on March 25, 2025, with trading volume rising from $10 million to $15 million over the same period (CoinMarketCap, 2025). This suggests that the positive market sentiment from Bitcoin's rally may be spilling over to other sectors, including AI. The correlation between Bitcoin and AI tokens like AGIX can be observed through their price movements, with a Pearson correlation coefficient of 0.75 over the past two weeks (CryptoCompare, 2025), indicating a strong positive relationship. This correlation presents potential trading opportunities for investors looking to capitalize on the AI-crypto crossover. Furthermore, AI-driven trading algorithms may have contributed to the increased trading volumes observed across various cryptocurrencies, as these algorithms often react to market trends and adjust their trading strategies accordingly (Kaiko, 2025).

Santiment

@santimentfeed

Market intelligence platform with on-chain & social metrics for 3,500+ cryptocurrencies.