Bitcoin Realized Cap Surges to $890B as Bulls Target $100K

Attention, crypto enthusiasts! Are you watching the latest moves in the Bitcoin market? The digital asset is showing strong signs of investor confidence, with a key metric reaching a new high. This surge in the Bitcoin realized cap is fueling speculation about the next major price target. Read on to understand what’s happening and what it could mean for the BTC price.

What is the Bitcoin Realized Cap and Why Does it Matter?

The realized capitalization is a metric that values each Bitcoin at the price it was last moved on the blockchain. Unlike traditional market cap, which uses the current price for all coins, the realized cap gives a better picture of the total investment value held by Bitcoin owners. When the Bitcoin realized cap increases significantly, it suggests that funds are flowing into the asset, either through new purchases or existing holders accumulating more at higher prices.

On May 7, 2025, this important metric climbed to a new all-time high of $890 billion, marking its third consecutive week of record growth. This indicates robust investor conviction, with both long-term and short-term holders adding to their positions. This trend often precedes periods of upward price movement.

Investor Accumulation Signals Confidence

Beyond the rising realized cap, other data points highlight strong accumulation. Large Bitcoin holders, often referred to as ‘whales’ (wallets holding over 1,000 BTC), have been notably active. Since late March 2025, wallets holding between 10 and 10,000 BTC added over 81,000 BTC in just six weeks. This mirrors a similar trend seen in Q1 2024, which preceded Bitcoin’s previous all-time high.

Glassnode data confirms this, showing the number of addresses holding over 1,000 BTC increased from 1,945 on March 1 to 2,006 by May 7. This is the most significant 30-day increase for this group in 2025 and the largest surge since Q1 2024. Such accumulation by large players is often interpreted as a strong vote of confidence in the current Bitcoin price trend and anticipation of further gains.

Can the BTC Price Reach $100,000?

The big question on everyone’s mind is whether this accumulation and rising realized cap can propel the BTC price towards the psychological $100,000 level. The market recently tested support between $93,000 and $95,000, with bulls successfully defending this area, supported by long perpetual positions.

Key price levels to watch:

• **Support:** The $93,000 – $95,000 zone has shown resilience. Potential downside liquidity exists between $91,600 and $89,000.
• **Resistance:** A significant resistance zone lies between $97,000 and $99,000. Clearing this area is crucial for a bullish shift in the higher time frame outlook.
• **Target:** The $100,000 level is primarily a psychological hurdle. If Bitcoin surpasses the $97,000-$99,000 resistance and establishes it as support, a move towards $110,000 could become possible, depending on market momentum.

Market analysts are sharing their perspectives. Michael van de Poppe suggested that the recent dip and recovery might signal a market bottom, expressing optimism for a Bitcoin $100k breakout soon. Another trader predicted a steady rise, potentially reaching a new all-time high later in Q2.

Why This Matters for Crypto News

Tracking metrics like the Bitcoin realized cap and observing the behavior of large holders provides valuable insights into market sentiment and potential future price movements. The current data points suggest underlying strength and conviction among investors, making the possibility of reaching the $100,000 milestone a significant talking point in Crypto news.

Summary: A Bullish Undercurrent?

Bitcoin’s realized capitalization hitting a record $890 billion, coupled with significant accumulation by large holders, paints a picture of strong investor confidence. While key resistance levels remain, the market structure and on-chain data suggest a potential path towards higher prices, with the $100,000 target firmly in sight for many traders. Keep an eye on the $97,000-$99,000 resistance zone; a clear break could be the catalyst needed for the next leg up.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Trading cryptocurrencies involves risk. Always do your own research.