Bitcoin News: Retail Holder Accumulation Accelerates Amid China, U.S Tariff War Pause

Key Insights:

• Recent Bitcoin news shows that, retail and mid-sized Bitcoin holders accelerate accumulation pace.
• Short-term danger eases as the U.S and China push back tariff escalation by 90 days.
• Large trades surge across spot and derivatives segments as the market responds.

Bitcoin USD could be on the cusp of another major bullish breakout. Whales and institutions have been front-running the previous rally, while retail activity remained weak, but recent market data revealed some changes.

Glassnode data revealed that smaller retail addresses have been rushing back into Bitcoin. Addresses in the aforementioned category reportedly increased the pace of accumulation.

Moreover, the data revealed that the monthly rate at which retail addresses have been scooping up BTC is faster than the rate of Bitcoin issuance.

This observation confirmed that retail demand alone was enough to offset the new supply coming into the market.

The observation also signaled that the next phase of the Bitcoin rally could be around the corner. It further added to the possibility of another supply squeeze, which could possibly push BTC past the $130,000 price milestone.

Interestingly, Bitcoin exchange reserves dropped further to the $2.385 million level. The declining supply affirmed sustained demand for the cryptocurrency.

Bitcoin USD in Focus as China and the US Sign a Temporary Truce

The Trump administration has been playing roulette with the markets through economic wars in 2025. Bitcoin holders have been bracing for the next phase of the tariff war, which was supposed to kick off in August.

The previous tariff war escalation resulted in heavy liquidity outflows from risk-on assets, including Bitcoin USD pair. Analysts were anticipating a similar outcome in August, but that may not be the case.

The U.S and China have reportedly agreed to maintain the tariff war for another 90 days. In other words, the announcement lifted concerns of another wave of selling pressure and flight to safety.

However, it was not clear whether the U.S would extend the same courtesy to other countries.

Bitcoin responded to the news with a surge in demand, which pushed the price back above $119,000 in the last 24 hours. The king of the cryptocurrencies exchanged hands at $119,346 at press time.

It maintained sideways price action on its daily chart for over 2 weeks. BTC did, however, manage to rally by about 1.5% in the last 7 days.

Bitcoin’s RSI also demonstrated a bit of an uptick, which signaled the return of bullish momentum. This meant that price was on track to push back above $120,000.

Strong demand could possibly push even higher now that the threat of tariff wars is off for at least another three months. The postponed tariff war escalation may completely shift the dynamics of BTC price movements in August.

Bitcoin News: BTC Whales on the Move

Based on the postponed tariff wars and the resurgence in retail activity, one would expect a bullish outcome. However, whale activity demonstrated a contrary outcome.

CoinGlass whale orderbook statistics revealed that Bitcoin USD whale flows were in the red across multiple major exchanges.

Binance, OKX, and Coinbase collectively recorded over $56 million worth of sell orders in the last 24 hours.

Meanwhile, there was over $148 million in short positions in the derivatives segment on Binance and OKX during the same period.

The outflows from large holder addresses were not consistent with a surge in demand.

The whale outflows may point to two potential outcomes. The first was that whales had not yet responded to the tariff war postponement.

The other option was that whales were setting a bull trap. Interestingly, the slight uptick in the last 24 hours triggered over $30 million worth of short liquidations.

There was only about $1.45 million worth of long liquidations during the same 24-hour period. Nonethless, Bitcoin news showed optimism for the market.