According to QCPgroup, Bitcoin briefly reached $107,000 on Sunday, propelled by Metaplanet’s significant $104 million BTC purchase and consistent inflows from Strategy Inc. The rally was short-lived as dealers took profits, causing a price pullback; however, Bitcoin remains within a strong trading range. Notably, rising funding rates and a spike in leveraged liquidations were observed during the move. These developments signal continued volatility and provide traders with opportunities to capitalize on swings in both spot and derivatives markets, underscoring the importance of monitoring institutional flows and funding metrics for crypto trading strategies (source: QCPgroup, Twitter, May 19, 2025).

According to Lookonchain, Metaplanet (@Metaplanet_JP) has purchased an additional 1,004 BTC worth $104.8 million at an average price of $104,427 per Bitcoin, bringing its total holdings to 7,800 BTC valued at approximately $802 million. The company's average buying price is now $93,225 per BTC, which positions Metaplanet as a significant institutional holder in the crypto market. This sustained accumulation signals continued bullish sentiment from corporate entities and could provide upward pressure on Bitcoin prices, attracting trader attention to large wallet movements and institutional buying trends (source: Lookonchain via Twitter; intel.arkm.com).