"Bitcoin dolphins," those who hold less than the "Bitcoin whales," control the largest share of the world's leading cryptocurrency—almost 26% (5.16 million BTC).
"Historically, increases in accumulation in this segment have coincided with bullish impulses, while slowdowns often precede distribution and correction phases. In 2025, dolphins increased their holdings by 681,000 BTC, while others reduced theirs—this confirms the dominance of institutional players," the experts explained.
CryptoQuant believes that this group of investors will see a sharp increase in activity in the next few weeks. If the pace of Bitcoin accumulation accelerates, the asset will have a chance to reach a new price high; if not, further price declines are likely, the analysts believe.
Resuming frequent buying is necessary for a return to $126,000. CryptoQuant stated that the pace of accumulation over a monthly horizon should accelerate again to reach new all-time highs. The market remains in a correction phase. Resistance is at $115,000, with support around $100,000.
While the bullish phase has not yet fully concluded, the situation resembles the consolidation phase of previous cycles, when prolonged sideways movement became the foundation for cryptocurrency growth, the analysts concluded.
Earlier, Robert Kiyosaki, author of the personal finance book "Rich Dad, Poor Dad," and investor, urged his followers to buy Bitcoin while they still can.
