In a world where digital money redefines the economy, large companies are accumulating Bitcoin (BTC) at unprecedented rates, while large sales of historic investors are moving through the market. This contrast between institutional trust and the pressure of old “whales” (an investor with over 1,000 BTC) identifies the path to the future of digital currency.
Public contributors have doubled their Bitcoin reserve since late 2024. Moves from 500,000 BTC to over 1 million btc earlier this month.
This milestone was first reached, valuing its holdings at $113 billion (calculated at the current price of the currency). In August, 47,718 BTC was added to the funding of public and private companies, but this figure is less than half of what was recorded in July, revealing a report from the Bitcoin Treasury Ministry.
Private companies maintain 296,945 BTC, an estimate based on what they have decided to inform Bitcoin Holdings. In total, the entities tracked by the Bitcoin Treasury, including government (520,074 BTC), funds cited in the stock market (1,627,805 BTC), and the Defi platform (242,639 BTC) —- They have 3.68 million BTC, worth 418 million. The figure falls from $420 million in July due to the decline in Bitcoin prices.
Next graph It shows the evolution of Bitcoin holdings of various types of entities throughout the year. The Dark Blue Line shows BTC owning public companies cited in the stock market. It also emphasizes holdings of private companies (orange), funds and ETFs (red), government (purple), defi (yellow), and exchanges (pink).
Institutional Trust promotes the market
The report highlights that this increase reflects “extraordinary institutional trust” in Bitcoin as a reserve asset.
Cristóbal Pereira, executive director of Digital Assets Hub Latam, reinforced the idea in a talk with Cryptootics.
The visibility of these companies before investors, regulators and instruments amplifies the effectiveness of their moves and strengthens the recognition of Bitcoin as a solid reserve asset. Private companies, on the other hand, don’t always spread investments, but they have limited impacts by the story and long-term prices.expresses Pereira.
Why a bullish “explosion”?
Growth in total BTC holdings slowed in August, up 1.19% compared to 4.63% in July. This slowdown reflects the bearish pressure caused by “whales.”
As reported by Cryptonotics, these entities have sold over 100,000 BTC in 30 days, making them the biggest exit in three years. These sales are available to the market. This reduces the currency price (or at least prevents uploading) by exceeding short-term demand.
But when whales run out of sales – sooner or later, bear pressure drops. Leave space for institutional demand to promote prices.
Pereira projects a promising future:
My price estimate for this Bitcoin cycle ranges from $130,000 to $140,000. This calculation is based on metrics such as market capitalization and Bitcoin domination in front of the Bitcoin market.
Cristóbal Pereira, Digital Assets HUB LATAM DigitalDi Crate
The capital entrance of certain institutions via ETFs, corporate funds and the Ministry of Finance supports this forecast.
“Today, Bitcoin does not rely solely on retail adoption, but is recognized as a strategic asset in its institutional portfolio,” Pereira adds, emphasizing that the cycle could be more solid and longer than its previous cycle.
This adoption will reduce the available supply of BTC and stop whale sales pressure, Institutional demands can overcome circular offers and cause major rebounds. “This could potentially lead to a more solid and extended cycle than the previous one,” Pereira adds.
Alcist projection of the cycle
Other entrepreneurs, signatures and analysts strengthen expectations for a significant increase. Strategy CEO Michael Saylor estimates that Bitcoin will reach $180,000. Bernstein’s asset management company predicts that the upside race will run until 2027.
Tur Demeester, editor-in-chief of Adamant Research, argues that “there is still a path to value four to ten times more than the current range.” Even investor and content creator Bram Kanstein predicts Bitcoin could reach 1 million, but he admits he’s still on a long journey.
While whales sell, businesses accumulate, and analysts – in general – get a glimpse into the bullish horizon. When sales pressure is brought, institutional demand could tear Bitcoin prices to past levels, starting from the $130,000 projected by Pereira and the $130,000 Canstein dreamed of. The market is waiting for the moment Bitcoin leaves its new maximum.