{"id":5912,"date":"2025-07-18T05:00:25","date_gmt":"2025-07-18T05:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/whales-no-newbies-surge-in-new-btc-holders-fuels-market-rally-study\/"},"modified":"2025-07-18T05:00:25","modified_gmt":"2025-07-18T05:00:25","slug":"whales-no-newbies-surge-in-new-btc-holders-fuels-market-rally-study","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/whales-no-newbies-surge-in-new-btc-holders-fuels-market-rally-study\/","title":{"rendered":"Whales? No, Newbies: Surge In New BTC Holders Fuels Market Rally\u2014Study"},"content":{"rendered":"

Bitcoin has been on a tear lately. Prices jumped past $123,000 this week. Now, new figures show that fresh money is flowing into the market again. That\u2019s a sharp change after months of muted retail interest.<\/p>\n

Fresh Capital Flooding In<\/h2>\n

According to on\u2011chain data from Glassnode<\/a>, first\u2011time buyers picked up an extra 140,000\u202fBTC over the past two weeks. Their holdings climbed from 4.77\u202fmillion to nearly 5 \u202fmillion BTC\u2014a 2.86% rise.<\/p>\n

That influx of fresh coins helped push Bitcoin past its latest high. It also shows that new investors are gaining confidence in the world\u2019s biggest cryptocurrency.<\/a><\/p>\n

\n

Over the past two weeks, the supply held by first-time $BTC<\/a> buyers rose by +2.86%, climbing from 4.77M to 4.91M #BTC<\/a>. Fresh capital continues to enter the market, supporting the latest price breakout. pic.twitter.com\/W95HSAMaHI<\/a><\/p>\n

\u2014 glassnode (@glassnode) July 17, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Short\u2011Term Holders Hit A New Cost Base<\/h2>\n

Newer players aren\u2019t the only ones getting active. Based on reports, entities that bought Bitcoin within the last six months now sit on a cost basis above $100,000 for the first time.<\/p>\n

They\u2019ve held on through price swings and have not yet sold at a loss. That suggests many expect the rally to continue. At the same time, holding on tight could create pressure if prices dip below their average buy\u2011in point.<\/p>\n

Dip Buyers Act Fast<\/p>\n

Glassnode\u2019s cost\u2011basis heatmap revealed that buyers moved quickly when Bitcoin dipped below $116,000 earlier this week. About 196,600\u202fBTC changed hands between $116,000 and $118,000.<\/p>\n

That buying spree added over $23\u202f million in value near what looks like a local top. It\u2019s a sign of strong resolve from those backing the market at lower levels.<\/p>\n


\nAltcoin Chat Outpaces Bitcoin Searches<\/p>\n

While whales and newer buyers are busy, the crowd on Google<\/a> seems less thrilled. Search activity for \u201cBitcoin\u201d ticked up modestly in the last fortnight, but it\u2019s well below the highs seen when BTC first broke $100,000 this year.<\/p>\n

At the same time, data from Santiment indicate chatter has shifted toward altcoins. With Ethereum grabbing the spotlight, many retail investors appear more excited by tokens promising bigger short\u2011term moves.<\/p>\n

Retail Interest Remains Muted<\/p>\n

Despite soaring prices, everyday investors haven\u2019t jumped back in en masse. Based on reports, the broad public\u2019s FOMO<\/a> hasn\u2019t shown up in a big way yet. That lack of widespread buzz could limit how far and how fast Bitcoin goes from here.<\/p>\n

In past rallies, it was the flood of curiosity from casual buyers that turned spikes into parabolic runs.<\/p>\n

Featured image from Meta, chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has been on a tear lately. Prices jumped past $123,000 this week. Now, new figures show that fresh money is flowing into the market again. That\u2019s a sharp change after months of muted retail interest. Fresh Capital Flooding In According to on\u2011chain data from Glassnode, first\u2011time buyers picked up an extra 140,000\u202fBTC over the…<\/p>\n","protected":false},"author":1,"featured_media":5913,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[22,28,32,35,51,673,952],"class_list":["post-5912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-news","tag-btc","tag-btcusd","tag-crypto","tag-fomo","tag-glassnode"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=5912"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5913"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}