New Bitcoin Buyers Snatch 140K BTC in 2 Weeks: FOMO Rising?

by

Key points:

  • New Bitcoin market entrants have accumulated 140,000 BTC in July so far, Glassnode data shows.

  • Buyers across the board have “aggressively” bought up dips, specifically below $118,000.

  • Google Trends shows retail hype around Bitcoin is still historically low.

🚨 Bitcoin FOMO is creeping back as new buyers gobble up 140,000 BTC! 🚨

New research from onchain analytics firm Glassnode uploaded to X Thursday reveals how “fresh capital” is entering Bitcoin markets.

Bitcoin: New buyers meet “aggressive” dip-buying

Bitcoin retail interest has hit the headlines throughout 2025, but for the wrong reasons — mainstream buyers have stayed away despite the price frequently hitting new highs above $100,000.

Glassnode’s latest figures suggest that the trend is finally starting to shift.

“Over the past two weeks, the supply held by first-time $BTC buyers rose by +2.86%, climbing from 4.77M to 4.91M BTC,” it reports. 

“Fresh capital continues to enter the market, supporting the latest price breakout.”

BTC/USD hitting new all-time highs above $123,000 has sparked frenzied investor behavior across newer and older cohorts.

As CryptoMoon reported, short-term holders — entities buying within the past six months and hodling since — now have an aggregate cost basis above $100,000 for the first time.

Glassnode’s cost basis heatmap, meanwhile, shows that buyers “stepped in aggressively” during this week’s BTC price dip below $116,000.

“That’s over $23B in value added near the local top, signaling strong conviction and possible positioning for further upside,” it told X followers after 196,600 BTC was bought up between $116,000 and $118,000. 

Mainstream BTC interest needs more than all-time highs

Retail interest in Bitcoin nonetheless remains comparatively muted.

Data from Google Trends shows a modest uptick in search activity for “Bitcoin” over the past two weeks, but compared to five-year historical data, mainstream “FOMO” is distinctly lacking.

In some of its latest X analysis, meanwhile, research firm Santiment suggests that interest among those retail investors who did pay attention has already shifted to altcoins.

“With Ethereum leading the way, there has been a huge jump in social media mentions of many altcoins and higher price targets,” it reported Wednesday. 

“With Monday’s Bitcoin all-time high leading to mass retail FOMO leading to the top, the mass FOMO has shifted to Ethereum today (with $4K+ price calls across X, Reddit, & Telegram).”

Read More

2025-07-17 13:41