According to @AltcoinGordon, MetaPlanet, a Japanese company, now holds more Bitcoin (BTC) than Coinbase, with a total of 10,000 BTC valued at $1.07 billion. This significant accumulation indicates strong institutional confidence in Bitcoin despite recent retail selling pressure around the $100,000 mark. For traders, this signals that major players are accumulating during high-volatility periods, potentially supporting BTC’s price stability and long-term bullish outlook. Source: Twitter/@AltcoinGordon (June 16, 2025).

According to glassnode, entity-adjusted URPD data over the past six months reveals a strong institutional presence in the Bitcoin market. Wallets holding over 100,000 BTC are most concentrated at the $74,000–$76,000 price range, indicating significant accumulation at this level. Large whales with 10,000–100,000 BTC are active at $78,000–$79,000, $85,000–$90,000, and near current price levels, suggesting strategic accumulation and potential support zones. Above $90,000, trading activity is led by holders with 100–10,000 BTC, highlighting a shift in market structure. This clustering of large holders at specific price bands provides traders with clear support and resistance levels for Bitcoin, reflecting institutional strategies that could influence short-term price action (source: glassnode, June 4, 2025).