According to Material Indicators (@MI_Algos), the Bitcoin market started the day with approximately $245 million in ask liquidity stacked between current levels and the $110,000 mark, indicating significant resistance zones. Whale buying has been observed, suggesting strong institutional interest. Material Indicators is closely monitoring FireCharts for any significant shifts in liquidity dynamics, focusing on whether liquidity barriers on either side of the spread are being eroded or replenished. These observations are critical for traders seeking to anticipate potential breakout or rejection points in BTC price action, as changes in order book liquidity can signal imminent volatility or trend continuation. Source: Material Indicators on Twitter, May 21, 2025.

According to Cas Abbé (@cas_abbe), major crypto whales have made significant purchases during the recent market dip. Specifically, a whale acquired 10,000 ETH on Gemini, another whale bought 296,000 SOL worth $50 million and staked the entire amount, and a separate whale purchased $330 million worth of BTC across Binance and Kraken. Additionally, large institutions continue to accumulate Bitcoin. These high-volume transactions signal strong confidence among large investors and institutions, suggesting potential price stabilization or upward momentum in the near term for ETH, SOL, and BTC. Traders should monitor whale activity for entry and exit signals, as institutional accumulation often precedes significant market moves. (Source: Twitter/@cas_abbe)