Bitcoin’s ‘Realized cap’ has reached $890 Billion as BTC traders concentrate on recapturing $100,000

What you need to know:

• Bitcoin’s capitalization reached a new record of $890 billion. This reflects strong investor confidence as both long-term investors and those with short-term investments increased their allocations.

• The trend of Q1 2020 is reflected in the large Bitcoin holdings with over 1,000 BTC.

Bitcoin (BTC) On May 6, the price spiked above $97,000, just after US Treasury Secretary Scott Bessent said that China’s trade negotiations would start on May 10. BTC realized capitalization (a measure that adds the dollar values of all coins to their most recent price) also reached a record-breaking $890 billion in 2025. It is also the third straight week that this metric has seen record growth.

It highlights that Bitcoin holders are increasing the amount of money they have invested. Both long-term and short-term investors (LTHs and STHs), increased their holdings. This reflects the confidence of investors, which could indicate a possible anticipation for price growth. 

Recent trends in the market have supported this optimism. Cointelegraph reported It is believed that Bitcoin has been actively collected by large Bitcoin holders since March 20, 2025. According to data, wallets with between 10 and 10,000 BTC have added 81.3338 BTC in the last six weeks. The accumulation of BTC in wallets between 10 and 10,000 BTC over the past six weeks is a sign that the price trend upwards continues.

Glassnode revealed that Bitcoin whale addresses with over 1,000 BTC have increased from 1 945 BTC in March to 2 006 BTC as of May 7, a rise which is notable. This is the largest 30-day gain for the cohort of 2025. It’s also the biggest surge since March 2024. A similar accumulation pattern preceded Bitcoin reaching its all-time highest in the first quarter.

Related: Why is Bitcoin price up today?

Bitcoin: Can it rally to $100k?

Bitcoin’s Support Zone between $93,000 to $95,000 showed its resilience on 6 May, with BTC Bulls holding this level and being supported by long-term positions.

Bitcoin’s downside liquidty is between $91,600-$89,000. If the bearish sentiment persists following this week’s FOMC Minutes and Federal Reserve Presser, Bitcoin might retest that area. The higher-time frame (HTF), however, could be skewed towards bulls if BTC breaches the resistance zone between $97,000 and $99,000.

A price cluster from Q1 that previously caused a downtrend gives this resistance area weight. The market could change if the BTC price reaches $99,000. This would increase bullish liquidity and potentially pressure short positions.

The $100,000 resistance level is more of an emotional marker rather than a real one. BTC may be able to move up towards $110,000 by surpassing the resistance level of $97,000-$99,000 and establishing it as support. However, this will depend on the current market situation and momentum.

Michael van de Poppe, founder of MN Capital, suggested The dip to below $94,000, followed by a subsequent rebound could indicate the bottom of the market. He is optimistic that Bitcoin could reach $100,000 in the next couple of weeks.

Honey, a crypto-trader on the other hand expected BTC is expected to continue its steady growth, with a predicted new high of $111 111 at the end of Q2.

Related: Bitcoin $1B daily realized profits signal ‘late-stage bull market’

The information in this article is neither investment advice nor a recommendation. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.