TL; DR: .
During morning 거래 on Wednesday, Aug. 26, the 암호화폐 market is showing technical consolidation within narrow ranges following the multiday rally recorded earlier. The current sideways 거래, with total 시가총액 at $2. 68 trillion, reflects a shift in market dynamics: retail profit-taking is being balanced by large 기관 purchases.
The main driver of demand remains U. S. spot funds. According to SoSo Valuedata, daily net inflows into spot 비트코인 ETFs totaled $314. 37million, marking seven consecutive days of inflows. At the same time, spot 이더리움 ETFs attracted $179. 80million, with Black Rock's ETHA accounting for the bulk of the volume.
The current interest from funds is supported by the U. S. Treasury's plans to increase Treasury buybacks to $4billion per operation and the ongoing discussion about the possible creation of a strategic 비트코인 reserve.
Despite stable capital inflows, the market remains under local selling pressure. 거래 View data shows that 비트코인 (BTC)is holding at $78, 456 after challenging the $80, 000 level and testing a local high of $81, 304.
XRP has corrected to $1. 41, losing around 7% over the week. Large holders are taking profits following the recent 45% macro rally, temporarily holding the price back while Wall Street absorbs the available 유동성.
암호화폐 Quant on-chain metrics point to short-termmarket overheating. 비트코인 whales realized $614million in profits in a single day, pushing traders' unrealized profit margin to its highest level since June 2025 at 20. 5%.
거래소로의 BTC 및 XRP 유입의 동시 증가는 장기 투자자가 현재 유동성을 사용하여 부분적으로 현금으로 이동하고 있음을 확인합니다.
Nevertheless, the market's macro structure has shifted in favor of buyers. 암호화폐 Quant's Bull-하락장 cycle indicator has moved into the green Early Bull zone, repeating the January 2023 setup that preceded the start of the previous major uptrend.
The overall Bull Score climbed from 30 to 80 points in one week, its highest reading since October 2025, when 비트코인 was 거래 near $124, 000.
Against this backdrop, investment giant Bernstein has greatly updated its long-term forecast. The firm's analysts expect 비트코인 to reach $150, 000 by mid-2027, followed by a peak near $300, 000 in 2029, due to pressure from U. S. sovereign debt and the inevitable debasement of fiat currencies.
In its optimistic scenario, Bernstein raises its targets to $200, 000 and $500, 000, respectively, while setting a long-term target of $1million by 2033. Although the firm lowered its price target for Micro Strategy shares to $350 because of accelerated equity issuance, the overall direction of the report confirms the beginning of a new global cycle.
As for XRP, the network's fundamentals are providing reliable support against the current 고래 투자자 distribution due to theexpansion of 리플's regulated RLUSD 스테이블코인: .
Although short-term players are taking profits on XRP within the $1. 41–$1. 45 range, the inflow of corporate 유동성 into the XRPL indicates that the network's utility-driven use is beginning to prevail over retail speculation.
Alongside the visible 고래 투자자 selling on exchanges, large funds led by Black Rockare quietly absorbing the available supply. The volume of private in-kind exchanges through the IBIT fund has exceeded $5billion.
The in-kind 거래소 mechanism allows large holders to transfer 비트코인 from personal wallets directly onto an ETF's balance sheet without paying capital gains tax, as the assets' original cost basis is carried over to the fund shares.
The mass migration of investors under the umbrella of Wall Street funds was triggered by Black Rock's July decision to lower the minimum threshold for such conversions from $25million to $1million. This expanded access to the service and caused a chain reaction across the market: Bitwise was forced to quickly lower its own limit from $100million to $3million to prevent client outflows.
According to Black Rock's head of digital assets, this migration is being driven not only by taxes but also by harsh security realities. Investors are increasingly moving their assets into regulated custody because of more frequent hacking attacks, the risks of self-custody, and direct physical threats, including ransom demands.
The removal of coins from the market by investors is directly affecting the balance of power on 거래 platforms, where major digital assets are holding the following price levels: .
Fresh U. S. macroeconomic data introduced local 변동성 through mixed readings. Annual core PCE matched expectations at 3. 3%, while second-quarter GDP held at 1. 5%.
However, the headline PCE index year over year came in above forecasts at 3. 7% instead of 3. 6%, with the GDP deflator reaching 6. 4%.
These higher-than-expected inflation readings are restraining spot purchases ahead of Kevin Warsh's Friday speech, although the overall architecture of the digital asset industry has already been rebuilt around long-term 기관 capital.
원문 제목: Whales Take Over $614 Million Profit in Bitcoin, XRP Amid Record BlackRock Demand: Main Crypto News This Morning
TL;DR:.
During morning trading on Wednesday, Aug.
26, the cryptocurrency market is showing technical consolidation within narrow ranges following the multiday rally recorded earlier.
The current sideways trading, with total market capitalization at $2.
68 trillion, reflects a shift in market dynamics: retail profit-taking is being balanced by large institutional purchases.
The main driver of demand remains U.
S.
spot funds.
According toSoSoValuedata, daily net inflows into spot Bitcoin ETFs totaled $314.
37 million, marking seven consecutive days of inflows.
At the same time, spot Ethereum ETFs attracted $179.
80 million, with BlackRock's ETHA accounting for the bulk of the volume.
The current interest from funds is supported by the U.
S.
Treasury's plans to increase Treasury buybacks to $4 billion per operation and the ongoing discussion about the possible creation of a strategic Bitcoin reserve.
Despite stable capital inflows, the market remains under local selling pressure.
TradingView data shows thatBitcoin (BTC)is holding at $78,456 after challenging the $80,000 level and testing a local high of $81,304.
XRP has corrected to $1.
41, losing around 7% over the week.
Large holders are taking profits following the recent 45% macro rally, temporarily holding the price back while Wall Street absorbs the available liquidity.
CryptoQuant on-chain metrics point to short-termmarket overheating.
Bitcoin whales realized $614 million in profits in a single day, pushing traders' unrealized profit margin to its highest level since June 2025 at 20.
5%.
The simultaneous increase in BTC and XRP inflows to exchanges confirms that long-term investors are using the current liquidity to partially move into cash.
Nevertheless, the market's macro structure has shifted in favor of buyers.
CryptoQuant's Bull-Bear market cycle indicator has moved into the green Early Bull zone, repeating the January 2023 setup that preceded the start of the previous major uptrend.
The overall Bull Score climbed from 30 to 80 points in one week, its highest reading since October 2025, when Bitcoin was trading near $124,000.
Against this backdrop, investment giant Bernstein has greatly updated its long-term forecast.
The firm's analysts expect Bitcoin to reach $150,000 by mid-2027, followed by a peak near $300,000 in 2029, due to pressure from U.
S.
sovereign debt and the inevitable debasement of fiat currencies.
In its optimistic scenario, Bernstein raises its targets to $200,000 and $500,000, respectively, while setting a long-term target of $1 million by 2033.
Although the firm lowered its price target for MicroStrategy shares to $350 because of accelerated equity issuance, the overall direction of the report confirms the beginning of a new global cycle.
As for XRP, the network's fundamentals are providing reliable support against the current whale distribution due to theexpansion of Ripple's regulated RLUSD stablecoin:.
Although short-term players are taking profits on XRP within the $1.
41–$1.
45 range, the inflow of corporate liquidity into the XRPL indicates that the network's utility-driven use is beginning to prevail over retail speculation.
Alongside the visible whale selling on exchanges, large funds led byBlackRockare quietly absorbing the available supply.
The volume of private in-kind exchanges through the IBIT fund has exceeded $5 billion.
The in-kind exchange mechanism allows large holders to transfer Bitcoin from personal wallets directly onto an ETF's balance sheet without paying capital gains tax, as the assets' original cost basis is carried over to the fund shares.
The mass migration of investors under the umbrella of Wall Street funds was triggered by BlackRock's July decision to lower the minimum threshold for such conversions from $25 million to $1 million.
This expanded access to the service and caused a chain reaction across the market: Bitwise was forced to quickly lower its own limit from $100 million to $3 million to prevent client outflows.
According to BlackRock's head of digital assets, this migration is being driven not only by taxes but also by harsh security realities.
Investors are increasingly moving their assets into regulated custody because of more frequent hacking attacks, the risks of self-custody, and direct physical threats, including ransom demands.
The removal of coins from the market by investors is directly affecting the balance of power on trading platforms, where major digital assets are holding the following price levels:.
Fresh U.
S.
macroeconomic data introduced local volatility through mixed readings.
Annual core PCE matched expectations at 3.
3%, while second-quarter GDP held at 1.
5%.
However, the headline PCE index year over year came in above forecasts at 3.
7% instead of 3.
6%, with the GDP deflator reaching 6.
4%.
These higher-than-expected inflation readings are restraining spot purchases ahead of Kevin Warsh's Friday speech, although the overall architecture of the digital asset industry has already been rebuilt around long-term institutional capital.
