#125 On-chain Insights by IT Tech - Week 17 Bitcoin Analysis & Highlights

Smart Money Reloads: How Renewed Demand and Capital Inflows Are Shaping the Market.

Apr 27, 2025

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2. Top 10 Crypto & Stock News (April 21–27, 2025)

1. Bitcoin Surpasses Amazon in Market Value (April 25, 2025). Bitcoin became the 6th largest global asset, exceeding Amazon’s market value with prices above $93,000, driven by institutional adoption and ETF inflows.

2. Trump Meme Coin Surges (April 25, 2025). A Trump-related meme coin spiked due to an offer to top buyers, raising concerns about potential price slides.

3. Stock Indexes Rally on Trump’s Tariff Stance (April 23, 2025). Major indexes rose as President Trump softened his stance on tariffs and the Fed, with Tesla and chip stocks leading a tech rally.

4. Stocks and Bitcoin Surge (April 22, 2025). Stocks recovered from a sell-off, and Bitcoin jumped above $92,000, fueled by easing trade tensions and ETF inflows.

5. Chipotle Earnings Miss (April 23, 2025). Chipotle reported weaker-than-expected earnings with a 0.4% sales decline, causing a 19% share drop in 2025.

6. Kimberly-Clark Cuts Profit Forecast (April 22, 2025). Kimberly-Clark lowered its profit outlook due to $300M in tariff-related costs, leading to a 1.5% share decline.

7. Tesla Misses Q1 Expectations (April 22, 2025). Tesla’s Q1 earnings fell short at $0.27 per share on $19.34B revenue, linked to Elon Musk’s Trump administration role, impacting shares.

8. UNOMEME Gains Presale Traction (April 22, 2025). New cryptocurrency UNOMEME, combining AI and meme potential, attracted attention during its presale, targeting Bitcoin-linked investors.

9. Sony Launches Web3 Project (April 21, 2025). Sony’s new web3 initiative sparked interest in the crypto community, highlighting blockchain’s role in entertainment.

10. Bitcoin Hits $92,000 (April 22, 2025). Bitcoin’s price surged past $92,000, driven by reduced trade tensions and strong ETF inflows, boosting market sentiment.

3. Current market situation.

Market Overview: Crypto Heatmap Snapshot (1-Week Performance): This week marked a strong bullish recovery across the crypto market:

Key Observations:

Bitcoin (BTC) rallied by +11.35%, reaching ~$93,930, dominating overall market momentum.
Ethereum (ETH) outperformed BTC on a relative basis with a +14.04% surge, currently trading at ~$1,795.
Top Performers:
- DOGE: +13.73%, driven by speculative inflows.
- SOL: +9.48%, continuing its consistent strength among large caps.
- HYPE: +50.03%, speculative spike.
- TON: +8.62%, maintaining momentum in layer-1 narratives.
Notable Weakness:
- LEO, DEXE, GALA, and a few others posted minor losses despite the broader market rally.
- Some stablecoins (e.g., BSC-USD, USDC-E) showed slight de-pegs but within normal volatility.
Sector Trends:
Layer-1s: Strong weekly recovery across SOL, TON, and NEAR ecosystems.
DeFi: Mixed but improving, as AAVE, UNI, and COMP posted solid gains.
Memecoins: Dogecoin led with a double-digit rally, hinting at rising retail risk appetite.

Sentiment Summary:

The heatmap reflects a broad-based rotation into risk-on mode, supported by increasing liquidity inflows (seen in stablecoin and ETF data).
Altcoin participation is strong, especially in key narratives like AI, Layer-1s, and meme tokens.

4. Weekly Insider Token Unlocks: Potential Sell Pressure.

Weekly Insider Token Unlocks (April 30 – May 2, 2025). Total Value: $183.4M+

Key Highlights:

SUI:
- Unlock Value: $99.03M
- 0.90% of circulating supply
- The largest unlock in dollar terms this week. Moderate relative to total supply but size could still cause volatility.
OMNI:
- Unlock Value: $37.31M
- 78.94% of circulating supply unlocked
- Extremely high dilution risk. Critical to monitor for potential sell pressure.
OP (Optimism):
- Unlock Value: $24.78M
- 1.89% of circulating supply
- Significant unlock for a major L2 project. Watch for post-unlock price action.
REZ:
- Unlock Value: $5.51M
- 14.8% of circulating supply
- High percentage unlock relative to circulating supply. Potentially elevated sell pressure.
DYDX:
- Unlock Value: $5.37M
- 1.09% of circulating supply
- Relatively moderate unlock for a major DeFi token.
KMNO, ZETA, GAL:
- Unlocks between $3.16M - $4.74M, percentage ranges from 1.68% to 6.17% depending on the project.
Risk Ranking:
High Risk: OMNI (large percentage unlock), REZ
Moderate Risk: OP, KMNO, GAL
Lower Risk: SUI (despite high $ value, % is low), DYDX, ZETA

Summary:

This week’s unlocks are concentrated in a few high-profile tokens like SUI, OMNI, and OP.

OMNI unlock is the most dangerous from a dilution perspective.
SUI and OP could face short-term sell pressure but have stronger liquidity profiles to absorb it.
Monitoring price action immediately after unlocks will be critical for trading decisions.

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5. 🔐 Bitcoin’s Hidden Fuel: How Renewed Demand Is Powering the Rally.

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