Japan’s publicly-published metaplanet acquired an additional 136 Bitcoin of about $15.2 million (¥225.1 billion), bringing total holdings to 20,136 BTC, according to a filing on the Tokyo Stock Exchange on Monday.

The latest purchase, made at an average price of 111,666 (¥16.55 million) per Bitcoin, demonstrates the company’s aggressive accumulation strategy as it competes for an ambitious target of 100,000 BTC by 2026. Metaplanet invested a total of $20800 billion (304.56 bits) at the average price of Bitcoin. 1 million) per coin. Due to the company’s rapid accumulation, it positions it as the sixth largest public enterprise holder of Bitcoin worldwide.

The company dramatically expanded its Bitcoin acquisition target, which was planned to be at just 10,000 BTC and 21,000 BTC by 2025. Currently, we aim to reach 30,000 BTC by 2025 and 100,000 BTC by 2026, reflecting the increased financial trust as Bitcoin.

Metaplanet’s accumulation strategy has been successful, with the company achieving a “BTC yield” of 487% per year in 2025. This metric shows the company’s ability to measure changes in the percentage of Bitcoin holdings compared to fully diluted stocks, and to expand its Bitcoin position while managing shareholder dilutions.

The trend in adopting Bitcoin by companies accelerated dramatically in 2025, with over 200 public companies currently holding Bitcoin at the Ministry of Finance. Collectively, these companies manage over 1 million BTC, accounting for more than 4.5% of Bitcoin’s distribution supply.

Bitcoin finance companies are a major force in the market. Their continued accumulation provides a strong purchasing base for assets, and if sales pressures decrease, it can lead to significant price increases.

To support its ambitious acquisition plan, Metaplanet recently secured shareholder approval for its $884 million capital raise initiative. The company actively manages its capital structure through July and August 2025 through a combination of stock issuance and bond redemption, including multiple tranches of stock acquisition rights practice.

The emergence of Bitcoin finance companies as a major market force represents a major change in corporate finance strategies. Recent entrants include American Bitcoin Corp., which opened on Nasdaq this week, and Strategy Inc., which added 4,048 BTC worth $449.3 million to its holdings last week.

The institutional adoption of Bitcoin as a financial asset is accelerating faster than many expected. “Companies view Bitcoin as a strategic hedge against currency devaluation and financial uncertainty.

With Bitcoin prices continuing to fall below $112,000, it appears that corporate finance managers are taking advantage of the relative price stability to build positions. Competition for a limited supply of Bitcoin continues to be strengthened as Metaplanet and other companies maintain an aggressive accumulation strategy.

Bitcoin (BTC) remains susceptible to further downside, having lost over 7% since hitting record highs above $124,000 on Thursday.

Bullish momentum fading

The weekly chart (candlestick format) shows that BTC’s ongoing decline follows repeated bull failure to secure a foothold above $122,056, the Fibonacci golden ratio. It also marked the inability to keep gains above the significant long-term resistance trendline that connects the bull market highs of 2017 and 2021.

Additionally, the weekly stochastic oscillator has rolled over from the overbought zone above 80, signaling a potential correction ahead.

Daily chart

On the daily chart, BTC’s latest candle has broken below the bullish trendline extending from April lows, following Friday’s bearish outside-day candle that signaled a potential shift toward seller dominance.

Together, these technical signals indicate an increasing downside risk for BTC in the near term, with a potential retest of $11,982, the point from which the market turned higher on Aug. 3. A violation of this level would shift focus tothe 200-day simple moving average at around $100,000.

A potential reversal higher to above $118,600 (Sunday’s high) during the day ahead would weaken the bear case.

• Resistance: $120,000, $122,056, $124,429.
• Support: $111,982, $105,295 (the 31.8% Fib retracement of April-August rally), $100,000.

Ethereum is demonstrating once more that it is not turning bearish. ETH has aggressively risen since making a clean and powerful breakout above consolidation at about $3,000 earlier in July. It is currently trading just below the psychological $4,000 barrier. Ethereum is just one candle away from testing a resistance level that has historically functioned as a wall and a magnet at $3,815.

Momentum is clearly strong when looking at the structure. On the daily time frame, the trend is clear: there are higher highs and lows as well as no indications of weakness. The moving averages of Ethereum have now spread into a classic bullish alignment after it surged through them. The 21-day EMA is acting as dynamic support, assisting in the price’s upward grind, while volume, despite a slight taper, is still stable for the time being.

However, $4,000 is by no means a small checkpoint. It is a dense area of resistance that served as a distribution top for several cycles in the past. Without a fakeout or retest, a direct break is statistically unlikely. If anything, bulls might get one wick through it, but it will take significant buying pressure in addition to momentum traders piling in to keep the price above $4,000.

The fact that the RSI is above 80 indicates that the market is extremely overbought. That increases the likelihood of a cooling period, either through a sideways chop or a brief pullback, but it does not guarantee a sharp reversal in ETH. Regardless, the market tends to consolidate following runs like, this and the move thus far has been parabolic.

Ethereum may go through $4,000 in a decisive push if it can maintain its position above $3,750 and withstand profit-taking without collapsing. A retracement toward $3,400 or even $3,200, on the other hand, would simply reset the fuel for a cleaner breakout later on and would disrupt the bullish structure. 

XRP bets $3

The recent price movement of XRP points to a waning trend, and the $3 mark is currently teetering. XRP surpassed forecasts and reached highs above $3.70, following a dramatic parabolic breakout in July. However, momentum has since slowed, and the asset has entered a grinding slow correction that could potentially reverse a large portion of the gains from just a few weeks ago.

With several days of lower highs and lower closes, XRP is currently trading at about $3.11 and is slowly declining without the kind of bounce you would anticipate from intense dip-buying activity. Instead of accumulation, the daily candles depict distribution, which is a warning sign for bulls.

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An equally uninspiring picture is painted by volume. Not only is there no aggressive selling going on, but more significantly, there are no indications that buyers are taking decisive action. The absence of volume support implies that the current correction may not be finished and may even go deeper.

The Relative Strength Index, which is still high but is gradually declining, indicates that there is no longer any bullish thrust available due to the overbought situation. The psychological and technical significance of the $3 level is currently XRP’s biggest issue. If that is lost, the next support will not come until the $2.99-$2.75 range, which is where the last significant consolidation took place prior to the breakout. The bullish impulse that thrilled investors a short while ago could be wiped out if XRP does not find stability soon. 

Dogecoin should not be ignored

After experiencing a dramatic reversal from its recent rally, Dogecoin is currently trading at a risky low. After briefly rising above $0.29, DOGE has since fallen back to $0.22, wiping out a sizable amount of its gains and displaying warning indications of weakness that investors should not disregard.

DOGE returned below critical moving averages in July after a sharp, nearly vertical correction, according to the chart. When the price does not stabilize close to the top and instead forms a regular pattern of lower highs and lower lows, as we are currently seeing, this type of move frequently indicates an exhausted trend. Because of the unusually high volume during the correction, it appears that more traders are selling their positions and fewer are joining the dip to buy it.

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Unless DOGE finds support soon, probably around $0.21, it may be in for a deeper decline because this is not a healthy setup. The RSI, which has cooled off from overbought territory and is currently trending downward — indicating waning bullish momentum — is adding more fuel to the bearish case.

Given the lack of obvious consolidation or reversal signals, DOGE may be at risk of further declines, possibly testing levels close to $0.20 or even $0.19 in the event that market sentiment worsens. DOGE must firmly recover from this current level with strong volume supporting the move in order to change the course of events.

We look forward to announcing the launch of a regulated crypto derivative in Europe and providing clients and partners with access to a range of liquid futures equipment within an all-recognized regulatory framework.

Eligible clients and partners in the European Economic Area (EEA) are now able to trade a wide range of crypto derivatives, including both permanent and fixed maturity agreements. These products comply with the Financial Instruments Directive (Mifid II) market and offer them through MIFID-regulated investment companies that we acquired earlier this year.

One of Europe’s most fluid onshore regulatory brokers and crypto derivative exchanges, Kraken Derivatives offers facility-grade infrastructure, strong local FIAT support and flexible collateral options. This allows traders to optimize capital allocation and manage risk more effectively. The launch of MiFID controlled futures is an important step to strengthening our market position by providing these benefits under a reliable regulatory regime.

“Europe is one of the fastest growing regions for digital asset trading and investment, some of the most sophisticated and demanding clients and institutions,” says Shannon Kurtas, head of Kraken. “The launch of regulated derivatives in Europe is very timed to meet this growing demand, highlighting our commitment to providing reliable and compliant access to the best markets and trading opportunities.”

Since acquiring its first regulated crypto derivatives venue in 2019, it has built one of the deepest global liquidity pools for crypto-trading derivatives. The deployment of the mid-fid control derivative marks another major milestone. This strengthens our leadership as a comprehensive and compliant platform for crypto trading in Europe.

Kurtas added: “With a regulated framework, clients and partners are increasingly looking for comprehensive products. This launch allows futures to be traded seamlessly as part of a complete product from one of Europe’s most established platforms.

Our new derivative offerings are available through Payward Europe Digital Solutions (CY), a Cyprus-based entity regulated under MiFID II.

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Excitement has swelled in the crypto community following Bitcoin‘s recent upward move to key resistance levels. While the move may have sparked optimism, many investors’ reactions toward BTC were negative as they continued to bet on a sustained decline, creating a bearish outlook for the asset.

Whale Shorting Activity On The Rise

As Bitcoin’s price struggles to break through key resistance levels, a worrying shift has been cited among big investors or whales. Alphractal, an advanced investment and on-chain data platform reveals rising pessimism among these investors as they bet on an extension of the ongoing correction.

BTC recently saw a brief surge to the $87,000 level even as volatility grows in the broader crypto market. However, the upward move was met with strong resistance as whale holders massively opened short positions after the upswing. “Whales Enter Short Positions on Bitcoin as Leverage Increases,” the platform stated.

Despite the brief move to the $87,000 mark, these big investors have chosen to close their long positions and open more shorts. Given the ongoing volatility of the market, this shift has raised questions about BTC’s prospects in the short term.

Whale participation often influences price trajectory, which could cause Bitcoin to continue dropping in the upcoming weeks. However, if buying pressure intensifies at critical support zones and creates a strong defense, BTC may move in an upward direction.

Furthermore, Alphractal points to a rise in market leverage. After examining the Bitcoin Aggregated Open Interest/Market Cap Ratio, the platform noted that the metric is rising again, reflecting growing leverage. According to the platform, this increase in market leverage might set off a fresh round of volatility, resulting in further mass liquidations.

On-chain data have also revealed substantial sell pressure among Bitcoin large investors, triggering concerns about potential downside risks. Leading market intelligence and data analytics platform IntoTheBlock, outlined a decrease in whale balances as the market fluctuates.

Looking at the chart, BTC whales seem to have been trending downward for almost a year. However, data from March suggests a potential reversal as whales now hold about 62,000 more BTC than they did at the beginning of the month, signaling renewed accumulation.

BTC’s Price Trading Within Key Chart Pattern

The renewed accumulation by BTC whales raises the likelihood of a price reversal from the ongoing downtrend. This price reversal could be part of a larger trend as Captain Faibik, a crypto analyst and investor predicts an impending surge to its current all-time high. His prediction is supported by a key chart pattern, particularly the Falling Wedge formation. 

Captain Faibik believes that BTC could consolidate within the key pattern for the next 10 to 15 days before undergoing a huge bullish breakout. When this breakout happens, Bitcoin’s price will rally significantly to the $109,000 mark, reigniting the bull market.

Featured image from Unsplash, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Bitcoin’s long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the “BTC: Long-term holder net position change” metric has flipped positive for the first time this year. This suggests that long-term Bitcoin investors are capitalizing on market conditions to add significant amounts of BTC to their holdings.

Long-Term Holders Add 167,000 BTC Amid March Crash

Earlier this month, Bitcoin’s price plunged from above $90,000 to around $80,000 during a rapid sell-off​. This price stunned many traders and triggered a continuous wave of liquidations among short-term investors. Yet despite this steep correction, long-term holders treated the sub-$90,000 levels as a buying opportunity rather than a reason to capitulate. 

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In other words, coins are moving into wallets that haven’t spent their BTC in a long time, which is a notable reversal after starting 2025 with a negative net position change. This marks the first net accumulation by these “HODLers” in 2025. Glassnode’s Long-Term Holder Net Position Change metric, which had been in the red, flipped “green” as long-term investors aggressively accumulated through the downturn​.

On-chain data shows that this flip to green has seen long-term holders increase their net Bitcoin holdings by more than 167,000 BTC in the past month. This notable influx is valued at nearly $14 billion. In short, the cohort of seasoned holders began scooping up cheap BTC while short-term sentiment was at its bleakest.

Is A Bitcoin Price Recovery Brewing?

The timing of this flip from red selloff to green accumulation among long-term holders is striking, considering what the Bitcoin price went through in the past two weeks. This data suggests that a large part of the Bitcoin crash was caused by panic-selling among short-term holders. This behavior aligns with past market cycles between August and September 2024, where long-term holders accumulated aggressively during a price dip.

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Interestingly, Glassnode’s long-term holder metric isn’t the only one pointing to positive Bitcoin sentiment among large holders. After weeks of uncertainty, Bitcoin exchange-traded funds (ETFs) have started seeing net inflows again. On March 17, spot Bitcoin ETFs collectively drew in about $274.6 million, the largest single-day inflow in 28 days and a clear signal of renewed investor interest​.

The very next day brought another wave of fresh capital, with roughly $209 million pouring into Bitcoin funds on March 18​. In fact, this three-day streak represents the first sustained run of positive inflows since February 18, a period during which Bitcoin funds have experienced consecutive days of outflows.

At the time of writing, Bitcoin is trading at $83,500.

Featured image from Unsplash, chart from Tradingview.com

A crypto whale is booking millions of dollars in losses after a long position on the Official Trump (TRUMP) turned against him, onchain data reveals.

According to blockchain tracking platform Lookonchain, the whale liquidated his position in the TRUMP memecoin at a loss of $24.4 million.

The blockchain-tracking platform says the whale acquired 763,582 TRUMP tokens about a month ago at a price of $33.9 million but has now sold the stash at approximately $9.48 million. Per Lookonchain, the whale had previously turned a profit on the memecoin before the loss-making trade.

“This whale had already made $11.8 million on TRUMP before.

After tasting success, he spent another $33.9 million to buy TRUMP.

However, after his purchase, TRUMP kept dropping.

After holding for a month, he capitulated—losing not only all his profits but also $12.6 million of his initial capital.”

TRUMP is trading at $13.06 at time of writing, down by around 82% from the all-time high price it reached last month.

The TRUMP memecoin, which is billed as President Donald Trump’s only official meme asset, was launched three days before the January 20th inauguration. On the eve of the inauguration, the memecoin which is built in the Solana (SOL) ecosystem reached an all-time high price of around $73.45.

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Investing legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway.

The firm’s new fourth-quarter and yearly earnings reports show Buffett continues to be a net seller of assets, with cash on hand rising from $325 billion at the end of Q3.

The firm’s Q4 sales include a whopping sell-off of 117 million Bank of America (BAC) shares, worth about $5.5 billion.

In his annual letter to shareholders, Buffett says despite the firm’s ongoing unload of equities, investors should not be concerned that Berkshire is hoarding too much paper money.

“Berkshire will never prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned…

Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities. That preference won’t change.

While our ownership in marketable equities moved downward last year from $354 billion to $272 billion, the value of our non-quoted controlled equities increased somewhat and remains far greater than the value of the marketable portfolio.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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