Bitcoin (BTC) whales are in an accumulation phase, stacking up their Bitcoin stash in the past two weeks, totaling $11.2 billion in BTC purchases coming amid the options expiration on Friday.
It looks like whales are grabbing the opportunity to get as much BTC as they can at sub-$90,000 prices.
At the same time, the project that offers passive free real Bitcoin rewards, the BTC Bull Token ($BTCBULL), has also seen huge capital inflows to its presale, as the total funding eclipses $4.2 million.
Early investors have 48 hours to join the current presale and grab the native token $BTCBULL for $0.00245.
Prospective buyers will need to get in now to beat the coming price increase in the next stage of the presale.
Presale buyers can immediately stake their $BTCBULL tokens upon investing to earn a 100% annual percentage yield (APY) to beef up their holdings ahead of the project’s official debut.
Positive momentum could push Bitcoin’s price higher amid options expiry
Since Bitcoin dipped to $77,000 on March 11, whales have been on a serious buying spree, snapping up 129,000 BTC worth $11.2 billion, according to Coinglass data.
The renewed whale appetite marks the strongest buying activity since August last year, and it might not stop there.
Michael Saylor’s Strategy is gearing up for another big Bitcoin purchase after raising $711.2 million through its Series A Perpetual Strife Preferred Stock (STRF), which began trading this month.
Adding to the potential inflow is GameStop’s planned $1.3 billion raise via convertible bonds – a move that’s drawn mixed reactions from investors after closer inspection.
All this is unfolding just as $16.5 billion in Bitcoin options contracts are set to expire on Friday.
If Bitcoin holds above or near $90,000, bullish momentum could build further, potentially triggering fresh buying from traders repositioning after expiry – especially if whales see an opportunity to accumulate more BTC at key levels.
On top of that, reduced selling pressure from unwinding hedged positions could add another layer of support for Bitcoin’s price stability and upward movement.
And if Bitcoin pushes higher, it’s not just BTC holders who’ll be celebrating – investors in the Bitcoin passive income project, BTC Bull Token, could also see gains.
Since launching its presale just over a month ago, BTC Bull Token has been drawing major investor interest, positioning itself as a promising play for those bullish on Bitcoin’s long-term growth.
BTC Bull Token holders could be in for a massive payout if Bitcoin continues to break past its current ATH
BTC Bull Token has gained a lot of support recently in the market because it is the first project to reward holders of its native token $BTCBULL with actual bitcoins.
Many market and crypto analysts view it as a way to earn passive income in BTC.
For instance, YouTuber Crypto Scholar supports this view, while the trusted crypto education platform 99Bitcoins has included it in its list of tokens expected to deliver a 1,000x return in 2025.
To those new to the project that could seem impossible, but if they take a good look at the roadmap they will come to understand that the reason many voices in the space are saying that this token has huge potential is because of its utility.
The BTC Bull Token unlocks Bitcoin airdrops to $BTCBULL token holders every time the leading crypto breaks a new price milestone, and this is programmed to start when Bitcoin reaches the $150,000 price point.
Then, in increments of $50,000 at $200,000, $250,000, and so on, $BTCBULL holders receive additional bitcoin airdrops weighted according to the size of their holdings.
Why $BTCBULL is the best way to get low-risk exposure to BTC returns
When considering the BTC Bull Token, some may wonder why they should buy the token itself when the project’s core reward is Bitcoin.
Wouldn’t it make more sense to use a liquidity pool, explore Bitcoin DeFi platforms, or even leverage centralized exchanges like Binance to earn passive BTC rewards?
The answer lies in $BTCBULL’s unique design. Unlike other Bitcoin-earning strategies, $BTCBULL isn’t just about accumulating BTC – it’s also designed as an asset to hold long-term.
Through its token-burning mechanism, the supply of $BTCBULL steadily shrinks, making the remaining tokens more valuable over time.
This burn process is tied directly to Bitcoin’s price milestones. Starting with Bitcoin’s climb to $125,000, $BTCBULL tokens will undergo supply reductions.
As Bitcoin continues to surge – hitting targets like $175,000, $225,000, and beyond – these supply cuts will continue, potentially driving up the value of the remaining $BTCBULL tokens.
Additionally, $BTCBULL offers investors indirect exposure to Bitcoin’s performance with the added advantage of meme coin potential.
Unlike traditional assets, meme coins thrive on community strength and viral appeal.
Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) have all shown how powerful a dedicated following can be in this space – and BTC Bull Token is already gaining traction.
In under two months, the project has attracted nearly 8,000 followers on X and over 2,000 members on Telegram, with those numbers steadily climbing as more investors take notice.
With meme coins now approaching a $60 billion market cap, investors may be eyeing newer tokens poised to join the ranks of $DOGE, $SHIB, and $PEPE.
And if sentiment shifts from dogs and frogs to a bull mascot, there’s no token better positioned to lead that charge than BTC Bull Token.
Right now, during its presale, $BTCBULL remains shielded from Bitcoin’s price volatility since it’s not yet listed on exchanges.
This creates an opportunity for investors to accumulate tokens early before the project launches – and eventually earn BTC rewards once Bitcoin crosses its price milestones.
BTC Bull Token may be limited to presale buyers
While earning Bitcoin rewards may seem surprisingly simple, those familiar with the BTC Bull Token project hint that its key utility could be reserved for early adopters – possibly presale buyers.
Although this hasn’t been confirmed, if true, it may explain why investors are rapidly snapping up tokens as the project edges closer to the $5 million milestone.
For those looking to grab $BTCBULL now and unlock this potential utility once the project launches, head to the BTC Bull Token website to purchase using ETH, USDT, or a bank card.
The BTC Bull Token’s reward system is powered by the multichain noncustodial Web3 wallet Best Wallet, which not only supports the ERC-20 $BTCBULL token but also seamlessly handles the project’s Bitcoin airdrops – all in one app.
By holding your $BTCBULL tokens in Best Wallet, you’ll automatically qualify for Bitcoin airdrops, which are sent directly to your BTC wallet address within the app.
Best Wallet is available for download on Google Play or the Apple App Store.
Stay connected with the BTC Bull Token community on X and Telegram for updates.
The post Whales Swallow $11.2B in BTC Ahead of Options Expiry – Bitcoin Passive Income Project Hits $4.2M in ICO appeared first on Cryptonews.
https://cryptonews.com/press-releases/bitcoin-whales-buy-11b-btcbull-hits-4m/