Bitcoin rallies near $95K as institutional demand grows, exchange outflows hit record highs, and bullish catalysts mount.

The crypto market is buzzing as Bitcoin flirts with the $95,000 mark, fueled by aggressive whale accumulation and a wave of bullish developments. BTC dove to just below $93,000 but snapped back hard, with traders now targeting the psychological $100,000 level to break through.

Whales Go on a Buying Spree
Recent data reveals a staggering $3.5 billion Bitcoin purchase by whales in just 24 hours equivalent to roughly 33,400 BTC at current prices. This aligns with the third-largest exchange outflow in Bitcoin’s history, signaling strong holder conviction. “When BTC leaves exchanges, it’s a bullish signal. Supply tightens, and demand does the rest,” noted a market analyst.

Institutional Arms Race Heats Up
SoftBank, Tether, and Qatar Investment Authority are reportedly launching a multi-billion-dollar Bitcoin acquisition vehicle, aiming to rival MicroStrategy’s dominance. Meanwhile, U.S. Senator Cynthia Lummis hinted at potential government BTC purchases, sparking speculation of a supply squeeze. “If the U.S. enters as a buyer, all bets are off,” said a trader.

Market Sentiment Stays Cool Despite Rally
The Fear and Greed Index dipped from 65 to 61 even as prices climbed a rare “healthy greed” scenario that suggests room for further upside. Weekend volatility persists, but traders anticipate a decisive move once Monday’s liquidity kicks in.

Global Adoption Gains Momentum
In geopolitical news, Trump-linked WLF has partnered with Pakistan to advance blockchain initiatives, adding to the growing institutional tailwinds. With macro tensions easing and adoption accelerating, the stage is set for a potential breakout.

Also read: Trumps SEC Pick Declares War on Crypto Chaos, New Rules Coming

Bitcoin trades at $94,521 at press time, down slightly from its $95,100 high but holding strong. All eyes are now on $100K will this week deliver the final push?