Bitcoin advocates retain strength as recovery is underway; pre-sale of cryptocurrency HYPER reaches $7 million
In the world of cryptocurrency, Bitcoin continues to dominate the conversation. As of early August 2025, long-term holders (LTHs) still control a majority (53%) of the total Bitcoin supply, signalling strong accumulation and market confidence in the asset's future potential.
However, recent data show a decline in the LTH/STH supply ratio by about 11% in 30 days, indicating that some long-term holders have begun to distribute or sell Bitcoin. This behaviour often precedes price tops and corrections.
Despite this, there are signs of renewed confidence among long-term holders. Their daily sales have dropped below $1 billion, a significant decrease from July levels, and on-chain metrics such as Coin Days Destroyed have fallen to zero, which signals strong holding intentions and reduced exchange activity.
On the other hand, short-term holders (STHs) have contributed more to recent price declines, possibly through profit-taking amid market volatility and external macro events like tariff tensions. The presence of increased retail interest, observable in the rise of smaller retail-sized orders dominating BTC futures trading, contrasts with a drop in institutional "whale" trades since Q2 2025.
The current structure with strong long-term holder control provides a potential supply shock if bullish momentum continues, but the ongoing distribution may cap near-term price gains and contribute to volatility.
In a separate development, the viral token presale of Bitcoin Hyper has secured $7M already. Bitcoin Hyper, a Layer-2 project for Bitcoin, built using the Solana Virtual Machine (SVM), relies on SVM integrations, a cross-chain canonical bridge, and zero-knowledge (ZK) proofs. However, there are no direct links connecting Bitcoin Hyper’s presale to Bitcoin’s market dynamics or price movements at this time.
Meanwhile, key bills like the CLARITY and Anti-CBDC Acts have advanced in the U.S., and the U.S. has passed the GENIUS Act for stablecoins. Over 3.64M Bitcoin is now held by ETFs, public companies, and governments, an increase of 4.48% in 30 days. Institutions and whales are accumulating Bitcoin, with 160K added in 30 days and an average of 50K per day.
Cathie Wood of ARK Invest has reiterated her $1.5M $BTC target by 2030, and MicroStrategy added 21,021 Bitcoin to its treasury recently. Over-the-counter (OTC) desk reserves of Bitcoin have dropped from 550K to 145K since 2021, indicating strong institutional demand.
In the political arena, pro-crypto policies are being developed under the Trump administration with the aim to regulate Bitcoin as an institutional-grade asset. The Biden administration has also shown support for cryptocurrencies, with the proposed Executive Order on Ensuring American Leadership in Digital Assets.
As the crypto market continues to evolve, it's clear that Bitcoin remains a key player. Despite the recent volatility, long-term holders are buying more Bitcoin before the next bull surge, and institutions are accumulating Bitcoin at an increasing rate. The Bitcoin Hyper presale has become a phenomenon despite the market slowdown, and the future of Bitcoin and the broader crypto market remains promising.
The Bitcoin Hyper presale, a Layer-2 project for Bitcoin, secured $7M, signalling growing interest in technology-infused investment opportunities. Meanwhile, institutions and whales are not only showing renewed financial interest in Bitcoin, but are also increasing their investments, a testament to the asset's enduring appeal in finance and the global market.
