Bitcoin Breaks $100K as Institutions Absorb 890K BTC, Bull Trend Continues

- Bitcoin trades between $107K–108K after surpassing $100K mark - Institutions absorb 890,000 BTC over one year, offsetting whale sell-offs On July 8, 2025, BeinCrypto Korea reported that Bitcoin surpassed the $100,000 threshold following its April uptrend and is now trading between $107,000 and $108,000. Analysts attribute the sustained bullish momentum to continued institutional buying. Multiple outlets confirmed that while whale sell pressure has slowed, institutions such as ETFs and private companies have become dominant market participants. According to CryptoQuant, whales sold over 500,000 BTC in the past year, but institutions absorbed nearly 890,000 BTC. As of July 2025, institutions hold a total of 2,552,970 BTC, up 899,190 BTC year-over-year. DanCoinInvestor, a lead analyst at CryptoQuant, stated, “The market is cooling from a short-term overbought condition, but the long-term uptrend remains strong.” Experts predict institutional flows and wider Bitcoin adoption will continue to support bullish conditions throughout the second half of the year. As of July 8 (UTC), Bitcoin is trading at $108,054.40, down 1.022% over the last 24 hours. Daily volume rose 17.49% to $45.96 billion, and Bitcoin’s market dominance stands at 64.451%.