Fresh on-chain data confirms that Bitcoin whales are making significant moves, accumulating over 30,000 BTC through over-the-counter (OTC) purchases. At the current price of $98,000 per BTC, this amounts to a staggering $2.94 billion worth of Bitcoin being acquired by deep-pocketed investors.
Analysts tracking blockchain activity have identified a substantial influx of Bitcoin into addresses historically linked to whale accumulations. This type of buying behavior often signals that deep-pocketed investors—institutions, hedge funds, or high-net-worth individuals—are entering the market, a move that could drive Bitcoin’s price much higher in the coming weeks.
Eric Trump Hints at Bitcoin Entry, Sparks Speculation
Adding fuel to the bullish sentiment, Eric Trump sent out a tweet just hours ago, saying:
Feels like a great time to enter #BTC! 🚀 @worldlibertyfi
— Eric Trump (@EricTrump) February 6, 2025
While it remains unclear whether the Trump family or its financial network is actively investing in Bitcoin, the timing of this tweet—amid massive whale accumulation—has raised eyebrows. Market watchers are now speculating that high-profile investors may be preparing for Bitcoin’s next leg up.
BlackRock Plans Bitcoin ETP in Europe, Strengthening Institutional Demand
In another major development, BlackRock—the world’s largest asset manager—reportedly plans to launch a Bitcoin Exchange-Traded Product (ETP) in Europe. According to Bloomberg, this move is expected to:
- Open the doors for European institutional investors to gain regulated exposure to Bitcoin
- Further validate Bitcoin as a mainstream asset class
- Increase demand for BTC, reducing circulating supply
With BlackRock already leading the charge in Bitcoin spot ETF approvals in the U.S., this European ETP signals continued institutional adoption—a factor that could drive Bitcoin even higher in the coming months.
Bitcoin Named the Best Crypto to Buy Right Now
Given the bullish on-chain signals and increasing institutional involvement, Bitcoin has been featured as the best cryptocurrency to buy right now in our latest market analysis. BTC’s strong fundamentals, widespread adoption, and macroeconomic positioning make it the top asset for investors looking to capitalize on the next wave of crypto growth.
Bullish Bitcoin Price Prediction: $130K Target in Sight
Our Bitcoin price prediction remains extremely bullish, with expectations that BTC could push above $130,000 next month. Given:
- The ongoing whale accumulation,
- High-profile endorsements and institutional moves,
- The upcoming Bitcoin halving (which historically triggers major price rallies),
BTC appears primed for a strong breakout in the coming weeks.
Conclusion: Are We on the Verge of Bitcoin’s Next Parabolic Move?
All signs are pointing towards a major shift in the Bitcoin market:
- Whales are buying aggressively
- Institutions like BlackRock are expanding their Bitcoin offerings
- Eric Trump’s tweet has sparked speculation of high-profile investors entering BTC
- Bitcoin’s fundamentals remain stronger than ever
With BTC currently trading just below six figures, a breakout to $130,000 or beyond may be closer than expected. The question now is: Are you ready?
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