On-chain Insights by IT Tech - Week 21 Bitcoin Analysis & Highlights #129

Whales Accumulate, Retail Retreats: Bitcoin Faces a Turning Point.

Hello,

The 129th issue of On-chain Insights by IT Tech is out! I appreciate your support - over 4,800 subscribers strong! Not subscribed yet? Now's the time to join! 👇

---

Table of contents:

🆓 Free content (for all free subscribers):

1. Follow & Connect

2. Top 10 Crypto & Stock News (May 19–25, 2025)

3. Current market situation

4. Partnership with WymienBitcoina.pl

5. Weekly Insider Token Unlocks (May 27 – June 2, 2025)

🔐 Premium Insights (exclusive for paid subscribers):

6. Bitcoin Market Overview: Trending On-Chain Metrics

7. $400M in BTC Gains Realized – Smart Money Exits or Just a Pause?

8. Retail vs Institutional Dynamics – A Tale of Two Bitcoin Strategies

9. Buyer Momentum Reverses – Taker Net Volume Turns Red

10. Bitcoin ETF Flow – Weekly Snapshot (May 19–23)

11. Stablecoin Market Overview

12. Newsletter issue summary

13. Forecast for the Upcoming Week

---

1. 📲 Follow & Connect

• X/Twitter: Follow

• X Crypto Discussion group: Join now

• YouTube: Subscribe

• All resources in one place: Linktree

📡 Telegram Channels

• IT Tech Crypto: analysis, liquidation maps, alerts → Join here

• IT Tech – comments: commentary, bots, reports → Join here

📊 Dashboard: On-chain Metrics

Weekly dashboard with all indicators in one place → Access it here

⚠️ Due to X/Twitter limits, tweet screenshots are shown instead of embeds.

---

2. Top 10 Crypto & Stock News (May 19–25, 2025)

1. Bitcoin Hits Record Highs

   BTC broke past $111,800, overtaking Amazon as the 5th-largest global asset by market cap. The rally is driven by optimism over U.S. regulatory clarity and rising institutional demand.

2. Stablecoin Regulation Gains Momentum

   The GENIUS Act passed the U.S. Senate (66–32), laying the foundation for stablecoin oversight. Market sentiment turned bullish amid expectations of regulatory certainty.

3. Trump’s $TRUMP Coin Dinner

   Over $148M in $TRUMP meme coins were spent for access to an exclusive dinner with President Trump. While VIP holders received perks, most investors took losses post-event.

4. Coinbase Suffers Major Cyberattack

   A cyber breach may cost Coinbase up to $400M. The DOJ has launched an investigation, rattling confidence despite recent price strength.

5. Kraken Offers 24/7 Equity Tokens

   Kraken launched round-the-clock trading for tokenized U.S. equities (Apple, Tesla, Nvidia), expanding access for international crypto investors.

6. Cardano Joins Strategic U.S. Crypto Reserve

   ADA was officially named one of five cryptos (with BTC, ETH, XRP, SOL) in a U.S. strategic digital asset reserve, boosting long-term investor confidence.

7. Midweek Market Pullback

   On May 15, the total crypto market cap fell 4.4% to $3.4T. BTC dipped to $102,700, and major altcoins like XRP and SOL saw losses over 5%.

8. Bitcoin ETF Inflows Near $41B

   BTC ETFs saw two outflow days in May, but cumulative inflows topped $40B, showing unshaken investor interest in institutional products.

9. U.S. Equities Mixed on Yields

   Markets were volatile: the S&P 500 fell 0.39% on May 21, pressured by Treasury yields and deficit worries. Stocks closed flat by May 23 as yields eased.

10. Alphabet Stock Soars on AI

    Following Google I/O 2025, Alphabet ($GOOGL) surged with optimism around new AI capabilities, sparking forecasts of new highs above $180.

---

3. Current market situation.

Heatmap of TOP 300 coins (1w)

Market Update – Week 21 Heatmap Recap

• BTC: $107,142 (+3.06%) – regains momentum, pushing above $107K

• ETH: $2,483 (–1.51%) – underperforms despite BTC strength

• XRP: $0.48 (–4.72%) – continues decline amid weak alt sentiment

• BNB: $659.03 (+1.78%) – rebounds modestly, holding up better than most alts

• SOL: $171.24 (–0.14%) – relatively flat, range-bound for 2 weeks

• DOGE: $0.16 (–6.21%), SHIB: $0.000025 (–3.24%) – meme sector remains under pressure

🟢 Top Gainers (Large Caps & Narratives)

• AAVE: $263.19 (+15.47%) – DeFi rotation observed

• PEPE: $0.00001436 (+0.34%) – meme coins stabilize

• FTN, PI, BCH, SPX, XMR – showing positive momentum across privacy, DeFi, and AI narratives

🔻 Top Decliners

• ARB: $0.95 (–13.36%)

• APT: $8.21 (–10.32%)

• DOT: $7.22 (–6.89%)

• UNI: $7.01 (–13.84%)

• ICP: $11.50 (–6.27%)

🔍 Sector Trends

• Meme coins: Mixed. PEPE stable, but DOGE, SHIB, and FLOKI decline further.

• AI tokens: FET, RNDR, and GRT show resilience.

• Layer 2s: Weak across the board (ARB, OP, MATIC all in red).

• Stablecoins: No major depegs; USDT, USDC, DAI hold steady.

💬 Comment:

Despite the weakness of many altcoins, Bitcoin continues to lead with strength above $107K. Altcoin market remains fragmented, with a sharp bifurcation between outperformers like AAVE and major L1s/L2s that are selling off. Stablecoins and DeFi tokens are showing early signs of rotation.

---

4. Partnership with WymienBitcoina.pl

I'm thrilled to collaborate with WymienBitcoina.pl.

They offer a secure way to trade over 190 cryptocurrencies and access crypto-related products like wallets and books, supported by expert staff.

➡️ Use code: IT TECH to save on fees – my commission is waived for readers.

---

5. Weekly Insider Token Unlocks (May 27 – June 2, 2025)

Tokenomist - Upcoming token unlocks

Total Unlock Volume: Over $192.2M

🔍 Key Highlights

• BIO: $28.38M unlock (17.37% of supply) – Highest unlock percentage this week. High risk of sell-side volatility.

• SUI: $114.56M unlock (0.88% of supply) – Largest nominal unlock value. Eyes on price reaction post-event.

• OP (Optimism): $26.15M (1.83%) – Moderate supply pressure expected near May 31.

• KMNO: $6.49M (5.50%) – High % unlock with lower liquidity – elevated volatility likely.

• REZ: $5.39M (12.16%) – Thin markets may amplify impact.

🔻 Other Notable Unlocks

• DYDX: $6.01M (1.07%) – Gradual unlock profile.

• ZETA: $3.74M (1.58%) – Smaller cap, but may react disproportionately.

• YGG: $1.52M (1.23%) – Over 79% already unlocked – limited marginal impact expected.

💬 Comment:

The week is unlock-heavy, especially with large allocations in SUI, BIO, and OP. Expect choppy price action across these names. Monitor May 28–June 1 for intraday volatility spikes and potential dip opportunities.

---

🔐 Premium Insights (exclusive for paid subscribers).

In this week’s premium edition, we explore critical on-chain dynamics that are driving Bitcoin’s structure, from realized profits and taker volume shifts to ETF dominance and stablecoin flows. With retail vs institutional behavior diverging again, subscribers get a clear edge on market inflection points.

🔍 Here’s what Premium subscribers unlock:

🧠 Still using only the free version? You’re missing half the picture.

👉 Upgrade now to unlock all insights and get 5% off your annual plan.

Already subscribed? Scroll down to continue reading.

---

6. 🔐 Bitcoin Market Overview: Trending On-Chain Metrics.