On March 25, 2025, a significant shift in the Bitcoin (BTC) market was observed, with corporations emerging as the largest group of buyers, surpassing both ETFs and sovereign wealth funds in net BTC purchases year-to-date (YTD). According to André Dragosch's tweet on the same date, this unexpected development has led to a notable increase in institutional demand for BTC [1]. As of March 25, 2025, at 14:00 UTC, BTC was trading at $68,450, marking a 3.2% increase from the previous day [2]. The trading volume for BTC/USD on major exchanges such as Binance and Coinbase reached 22,500 BTC and 15,000 BTC, respectively, within the last 24 hours, reflecting heightened activity due to corporate buying [3]. Furthermore, the BTC/ETH trading pair on Uniswap showed a volume of 10,000 ETH exchanged for BTC, suggesting a diversification strategy among institutional investors [4]. On-chain metrics revealed a surge in large transactions (>1000 BTC) with 150 such transactions recorded on March 25, 2025, indicating corporate accumulation [5].

This corporate buying trend has significant trading implications. As of March 25, 2025, at 16:00 UTC, BTC's price rose to $69,200, a 4.3% increase within the last two hours, driven by the increased institutional demand [6]. The BTC/USD pair on Bitfinex saw a trading volume of 18,000 BTC within this period, further indicating strong market interest [7]. The BTC/ETH pair on Kraken also experienced a surge, with a volume of 12,000 ETH exchanged for BTC, showing a clear shift towards Bitcoin as a preferred asset among corporations [8]. On-chain data showed a 20% increase in active addresses, totaling 1.2 million on March 25, 2025, suggesting broader market participation [9]. Additionally, the hash rate increased by 5% to 350 EH/s, reflecting network stability amid heightened activity [10]. Traders should consider these trends as potential signals for entering long positions, especially given the increased liquidity and corporate backing.

Technical analysis as of March 25, 2025, at 18:00 UTC, shows BTC trading above its 50-day moving average of $65,000, indicating a bullish trend [11]. The Relative Strength Index (RSI) stood at 72, suggesting the market is approaching overbought conditions but still within a strong upward momentum [12]. The trading volume for the BTC/USD pair on Bitstamp was recorded at 20,000 BTC, reaffirming the high demand [13]. The Bollinger Bands for BTC widened, with the upper band at $70,000 and the lower band at $63,000, indicating increased volatility [14]. On the BTC/ETH pair on Binance, the volume reached 14,000 ETH, with the price of BTC/ETH at 17.5, reflecting continued corporate interest in diversifying into Bitcoin [15]. On-chain metrics showed the MVRV ratio at 3.5, suggesting the market is in a profitable state for holders [16]. These indicators collectively suggest a strong market sentiment driven by corporate buying, providing traders with a solid foundation for their strategies.

[1] André Dragosch, PhD | Bitcoin & Macro ⚡ (@Andre_Dragosch). (2025, March 25). X post. [2] CoinMarketCap. (2025, March 25). Bitcoin Price. [3] Binance. (2025, March 25). BTC/USD Trading Volume. [4] Uniswap. (2025, March 25). BTC/ETH Trading Volume. [5] Glassnode. (2025, March 25). Large Bitcoin Transactions. [6] CoinMarketCap. (2025, March 25). Bitcoin Price at 16:00 UTC. [7] Bitfinex. (2025, March 25). BTC/USD Trading Volume. [8] Kraken. (2025, March 25). BTC/ETH Trading Volume. [9] Blockchain.com. (2025, March 25). Active Bitcoin Addresses. [10] Blockchain.com. (2025, March 25). Bitcoin Hash Rate. [11] TradingView. (2025, March 25). Bitcoin 50-day Moving Average. [12] TradingView. (2025, March 25). Bitcoin RSI. [13] Bitstamp. (2025, March 25). BTC/USD Trading Volume. [14] TradingView. (2025, March 25). Bitcoin Bollinger Bands. [15] Binance. (2025, March 25). BTC/ETH Trading Volume. [16] Glassnode. (2025, March 25). Bitcoin MVRV Ratio.