• bitcoinBitcoin (BTC) $ 102,829.00
  • ethereumEthereum (ETH) $ 2,481.23
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 640.79
  • solanaSolana (SOL) $ 167.18
  • usd-coinUSDC (USDC) $ 0.999900
  • dogecoinDogecoin (DOGE) $ 0.215223
  • cardanoCardano (ADA) $ 0.760537
  • tronTRON (TRX) $ 0.269132
  • staked-etherLido Staked Ether (STETH) $ 2,479.45
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,719.00
  • suiSui (SUI) $ 3.76
  • wrapped-stethWrapped stETH (WSTETH) $ 2,992.75
  • chainlinkChainlink (LINK) $ 15.32
  • avalanche-2Avalanche (AVAX) $ 22.75
  • hyperliquidHyperliquid (HYPE) $ 27.10
  • stellarStellar (XLM) $ 0.287104
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 8.94
  • hedera-hashgraphHedera (HBAR) $ 0.191008
  • bitcoin-cashBitcoin Cash (BCH) $ 396.39
  • the-open-networkToncoin (TON) $ 3.05
  • litecoinLitecoin (LTC) $ 99.00
  • polkadotPolkadot (DOT) $ 4.68
  • usdsUSDS (USDS) $ 0.999870
  • wethWETH (WETH) $ 2,482.44
  • moneroMonero (XMR) $ 333.29
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999867
  • wrapped-eethWrapped eETH (WEETH) $ 2,649.95
  • bitget-tokenBitget Token (BGB) $ 4.97
  • pepePepe (PEPE) $ 0.000012
  • pi-networkPi Network (PI) $ 0.708669
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 102,880.00
  • whitebitWhiteBIT Coin (WBT) $ 30.06
  • bittensorBittensor (TAO) $ 418.85
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.85
  • aaveAave (AAVE) $ 224.57
  • nearNEAR Protocol (NEAR) $ 2.74
  • aptosAptos (APT) $ 5.12
  • okbOKB (OKB) $ 52.98
  • jito-staked-solJito Staked SOL (JITOSOL) $ 200.81
  • kaspaKaspa (KAS) $ 0.113734
  • ondo-financeOndo (ONDO) $ 0.915699
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.097954
  • ethereum-classicEthereum Classic (ETC) $ 18.25
  • internet-computerInternet Computer (ICP) $ 5.18
  • tokenize-xchangeTokenize Xchange (TKX) $ 34.14
  • gatechain-tokenGate (GT) $ 21.35
  • official-trumpOfficial Trump (TRUMP) $ 12.51
  • mantleMantle (MNT) $ 0.730001
  • vechainVeChain (VET) $ 0.027758
  • render-tokenRender (RENDER) $ 4.53
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • susdssUSDS (SUSDS) $ 1.05
  • cosmosCosmos Hub (ATOM) $ 4.77
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • ethenaEthena (ENA) $ 0.363416
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 102,486.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.231019
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.747749
  • fasttokenFasttoken (FTN) $ 4.39
  • algorandAlgorand (ALGO) $ 0.217704
  • filecoinFilecoin (FIL) $ 2.79
  • arbitrumArbitrum (ARB) $ 0.376470
  • celestiaCelestia (TIA) $ 2.62
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • sonic-3Sonic (prev. FTM) (S) $ 0.503150
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998620
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,479.08
  • kucoin-sharesKuCoin (KCS) $ 11.84
  • makerMaker (MKR) $ 1,746.68
  • bonkBonk (BONK) $ 0.000019
  • binance-staked-solBinance Staked SOL (BNSOL) $ 176.45
  • jupiter-exchange-solanaJupiter (JUP) $ 0.482920
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,589.62
  • story-2Story (IP) $ 4.69
  • blockstackStacks (STX) $ 0.853418
  • nexoNEXO (NEXO) $ 1.26
  • flare-networksFlare (FLR) $ 0.019172
  • eosEOS (EOS) $ 0.793137
  • sei-networkSei (SEI) $ 0.225231
  • fartcoinFartcoin (FARTCOIN) $ 1.17
  • immutable-xImmutable (IMX) $ 0.632316
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,816.96
  • optimismOptimism (OP) $ 0.699483
  • injective-protocolInjective (INJ) $ 11.57
  • usdt0USDT0 (USDT0) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.070661
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.70
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 102,702.00
  • the-graphThe Graph (GRT) $ 0.106873
  • dogwifcoindogwifhat (WIF) $ 0.963485
  • raydiumRaydium (RAY) $ 3.18
  • curve-dao-tokenCurve DAO (CRV) $ 0.687253
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,642.53
  • wbnbWrapped BNB (WBNB) $ 640.53
  • msolMarinade Staked SOL (MSOL) $ 215.84
  • paypal-usdPayPal USD (PYUSD) $ 0.999561
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999934
  • flokiFLOKI (FLOKI) $ 0.000092
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 185.32
  • theta-tokenTheta Network (THETA) $ 0.851119
  • lido-daoLido DAO (LDO) $ 0.936534
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 102,417.00
  • galaGALA (GALA) $ 0.018672
  • jasmycoinJasmyCoin (JASMY) $ 0.017116
  • coredaoorgCore (CORE) $ 0.815818
  • walrus-2Walrus (WAL) $ 0.641004
  • clbtcclBTC (CLBTC) $ 103,660.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,208.64
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,600.45
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 102,313.00
  • iotaIOTA (IOTA) $ 0.216381
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012253
  • pax-goldPAX Gold (PAXG) $ 3,217.59
  • the-sandboxThe Sandbox (SAND) $ 0.305040
  • official-foOfficial FO (FO) $ 0.756678
  • dexeDeXe (DEXE) $ 13.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.18
  • heliumHelium (HNT) $ 3.95
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.62
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • bitcoin-svBitcoin SV (BSV) $ 35.24
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,593.67
  • kaiaKaia (KAIA) $ 0.115397
  • based-brettBrett (BRETT) $ 0.065792
  • zcashZcash (ZEC) $ 40.63
  • usual-usdUsual USD (USD0) $ 0.997505
  • pendlePendle (PENDLE) $ 3.98
  • flowFlow (FLOW) $ 0.407342
  • tezosTezos (XTZ) $ 0.614492
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997980
  • chain-2Onyxcoin (XCN) $ 0.018610
  • spx6900SPX6900 (SPX) $ 0.671233
  • jito-governance-tokenJito (JTO) $ 1.86
  • decentralandDecentraland (MANA) $ 0.327360
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.07
  • thorchainTHORChain (RUNE) $ 1.69
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • ousgOUSG (OUSG) $ 111.09
  • pyth-networkPyth Network (PYTH) $ 0.154492
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.214889
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,481.32
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
  • super-oethSuper OETH (SUPEROETH) $ 2,477.18
  • grassGrass (GRASS) $ 1.95
  • aioz-networkAIOZ Network (AIOZ) $ 0.447046
  • aerodrome-financeAerodrome Finance (AERO) $ 0.634719
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,147.00
  • elrond-erd-2MultiversX (EGLD) $ 18.27
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,644.15
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,527.45
  • true-usdTrueUSD (TUSD) $ 0.998777
  • apecoinApeCoin (APE) $ 0.617071
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008519
  • dydx-chaindYdX (DYDX) $ 0.624856
  • tbtctBTC (TBTC) $ 103,264.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,482.32
  • beldexBeldex (BDX) $ 0.065993
  • arweaveArweave (AR) $ 7.21
  • axie-infinityAxie Infinity (AXS) $ 2.92
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • starknetStarknet (STRK) $ 0.150045
  • movementMovement (MOVE) $ 0.182854
  • telcoinTelcoin (TEL) $ 0.005057
  • ketKet (KET) $ 0.461760
  • neoNEO (NEO) $ 6.49
  • ecasheCash (XEC) $ 0.000023
  • pumpbtcpumpBTC (PUMPBTC) $ 100,196.00
  • kavaKava (KAVA) $ 0.410769
  • conflux-tokenConflux (CFX) $ 0.087157
  • aethirAethir (ATH) $ 0.048317
  • deepDeepBook (DEEP) $ 0.173862
  • ether-fiEther.fi (ETHFI) $ 1.34
  • apenftAPENFT (NFT) $ 0.00000044
  • kaitoKAITO (KAITO) $ 1.78
  • wormholeWormhole (W) $ 0.092978
  • popcatPopcat (POPCAT) $ 0.433564
  • roninRonin (RON) $ 0.641802
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,471.95
  • chilizChiliz (CHZ) $ 0.042942
  • morphoMorpho (MORPHO) $ 1.56
  • usdbUSDB (USDB) $ 1.01
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • beam-2Beam (BEAM) $ 0.007708
  • saros-financeSaros (SAROS) $ 0.151814
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999806
  • plumePlume (PLUME) $ 0.169725
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 102,351.00
  • compound-governance-tokenCompound (COMP) $ 43.38
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999561
  • mog-coinMog Coin (MOG) $ 0.00000099
  • syrupMaple Finance (SYRUP) $ 0.348416
  • matic-networkPolygon (MATIC) $ 0.231902

Bitcoin Whales Return to Profit, Easing ‘Sell in May’ Concerns | Weekly Whale Watch

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Bitcoin Whales Return to Profit, Easing ‘Sell in May’ Concerns | Weekly Whale Watch

Bitcoin’s price jumped over 12% last week to reach $96,500, surpassing the average purchase price of “short-term whales”—large holders who bought Bitcoin within the last six months.

CryptoQuant analyst JA Maartunn told BeInCrypto that these whales have reclaimed their break-even level of $90,890. It means they are now in profit and less likely to sell, which adds stability to the market.

Short-Term Bitcoin Whales Return to Profit

Short-term whales are addresses that have held Bitcoin for under six months. These whales are now sitting in aggregate profit as BTC outpaces their average realized price.

Historically, when these participants cross into profitability, they tend to pause or reduce selling pressure.

CryptoQuant’s Short/Long-Term Whale Realized Price chart shows the orange line (short-term whale cost basis) rising toward the white market price curve in recent weeks.

Bitcoin Whales Return to Profit, Easing ‘Sell in May’ Concerns | Weekly Whale Watch

Short/Long-Term Whale Realized Price Chart. Source: CryptoQuant

It confirms that most short-term holders would net gains if they sold at current levels.

On-chain data reinforce the significance. Funding rates on perpetual swaps remain deeply negative, indicating heavy short positions poised for a potential squeeze if buying continues.

Meanwhile, long-term holders have steadily rebuilt their accumulation. Also, the network hash rate topped a record at 1.04 ZH/s this month.

These metrics signal miners and patient investors are confident in sustaining the rally’s trajectory.

Seasonal and Macro Dynamics Bolster Outlook

Seasonal trends often cool summer rallies. Historically, Bitcoin gained 26% in Q2 on average, but the median has been just 7.6% since 2013. Sharp drops—like the 56.2% plunge in Q2 2022—have occurred.

Q3 is usually weaker, averaging 6% returns and a slightly negative median. As May nears, many brace for the “sell in May” effect seen in equities, where the S&P 500 has returned only 1.8% from May through October since 1950.

Bitcoin Whales Return to Profit, Easing ‘Sell in May’ Concerns | Weekly Whale Watch

Bitcoin Quarterly Returns Since 2013. Source: Coinglass

Macro factors also matter. US inflation has eased to 2.4%, and markets now expect Fed rate cuts later in 2025.

A weaker dollar boosts risk assets like Bitcoin. Spot Bitcoin ETFs saw $3 billion in net inflows in late April, showing strong institutional demand.

Overall, whale profits, healthy on-chain signals, and supportive macro trends underlie Bitcoin’s rally.

Yet seasonal headwinds and derivative imbalances remain. Traders should set clear risk limits and watch funding rates and economic news this summer.

Source

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