AI coins like Reploy (RAI), Alchemist AI (ALCH), and DOGEAI have seen strong market activity in the last seven days. Reploy, an Ethereum-based platform for LLM development, has jumped 15% in the past week as adoption grows.
Alchemist AI, a no-code software development platform on Solana, is up 40%, driven by increasing demand. DOGEAI, tapping into multiple narratives, has gained 5% over the past seven days despite a sharp correction.
Reploy (RAI)
Reploy, an Ethereum-based platform, specializes in developing large language models (LLMs) for a range of applications, including personal chat, image generation, and artificial intelligence assistants.
The platform is integrated with 40 different protocols and introduced its native token, RAI, at the end of December 2024, aiming to enhance its ecosystem and utility.
Price Analysis for RAI. Source: TradingView.
RAI has surged 15% over the past week, bringing its market cap near to $18 million, while its 24-hour trading volume has climbed 76%. If the current uptrend continues,
RAI could test the resistance at $2.14, and a breakout above this level could push it toward $2.40. Sustained buying interest might drive RAI to challenge $2.90, with the potential to surpass $3 for the first time in a month.
Alchemist AI (ALCH)
Alchemist AI is a no-code development platform that enables users to create software applications using natural language and simple descriptions. Its native token, ALCH, operates on the Solana blockchain.
ALCH has surged over 40% in the past week as the platform continues to gain traction, pushing its market cap to $54 million.
Price Analysis for ALCH. Source: TradingView.
If the current momentum persists, ALCH could soon test the resistance at $0.074, and a breakout could send it toward $0.11.
However, if the trend reverses, losing the $0.059 support could lead to a drop toward $0.045, with a strong downtrend potentially pushing it as low as $0.021.
DOGEai (DOGEAI)
Positioning itself within multiple narratives, DOGEAI capitalizes on the popularity of Dogecoin, the growing attention toward the Department of Government Efficiency (DOGE), the US department led by Elon Musk, and the trend of AI coins.
The project describes itself as “an autonomous AI agent dedicated to identifying waste and inefficiencies in government spending and policy decisions”.
Price Analysis for DOGEAI. Source: TradingView.
Over the past week, $DOGEAI has climbed nearly 16% until Thursday, though it started seeing correction on Friday. The token currently holds support around $0.040, but if this level fails, a decline toward $0.026 could follow.
On the upside, sustained interest and buying momentum could push $DOGEAI to test resistance at $0.049, with a breakout potentially driving the price as high as $0.076.
Sophie Berger covers EU regulation and policy from Brussels. With a Master's in European Affairs from Sciences Po and five years at Politico Europe, she tracks MiCA implementation, ECB digital-euro work and ESMA enforcement. Sophie is fluent in French, German and English, and has interviewed three EU commissioners on record. Her policy briefs are read across the BTCNews newsroom every morning.
Bitcoin whales bought the $60K dip as retail sold, with over 11,000 BTC leaving exchanges
Bitcoin slipping below $62,000 was not just another red candle. It looked like a handoff: nervous retail sellers on one side, bigger buyers on the other. Sentiment turned ugly fast, but Woominkyu’s on chain data shows large Bitcoin holders buying hard around $60,000 to $61,000, then pulling more than 11,000 BTC off exchanges. That is not usually a quick flip. At least, not to me.
The clean headline is panic. That is only half right. Woominkyu’s read gets more specific: the first leg lower came on June 2 and June 3, when older dormant wallets sent a large amount of supply to exchanges. Inflow Coin Days Destroyed hit 2.16 million, which means coins that had sat still for a long time suddenly moved toward the sell side. That wave helped drag Bitcoin down from $71,000. After that, the market started cracking.
Then came the part traders actually care about. Near the $60,000 to $61,000 low, the Exchange Whale Ratio jumped to 61.6%. Translation: the largest transactions made up most exchange inflows right at the low. Retail was selling into fear. Larger players were taking the other side. It looked rough. These moves usually do.
Why does the split at $60,000 matter? Because crypto keeps repeating this exact pattern in different clothes. Fast drops flush out weaker holders, then buyers with deeper balance sheets show up when the tape looks awful. Most guides call that “buy the dip.” I think that undersells it here. This looked more like positioning during peak fear than casual dip buying.
The follow up was harder to ignore. In the five days after Bitcoin found support around $60,000 to $61,000, whales withdrew 11,422 BTC, worth about $700 million, from exchanges into cold storage. Exchange Netflow turned sharply negative. In plain English: the coins bought during the panic did not sit on trading venues. Buyers pulled them out almost right away. Buy into panic. Remove supply. Brutal, but simple.
That drain in liquid supply is not minor. More than $700 million in Bitcoin, briefly available on exchanges during the worst part of the selloff, moved into longer term custody in under a week. The order book is thinner now than it was before the drop. My take: the Bitcoin retail sold near the low is now with holders who, based on their withdrawals, do not seem eager to sell it back at current prices. That could matter if demand returns. The macro backdrop is still messy, with central banks juggling inflation and possible rate cuts. Bitcoin also keeps trading like a risk asset when markets get nervous. Even so, these whale flows show some large holders still want BTC despite the noise.
Woominkyu’s read is blunt: the transfer from weak hands to strong hands has already happened. The $60,000 to $61,000 range now looks like a real accumulation area for large buyers, defended with size and then drained from exchange supply. Does that guarantee a bottom? No. Markets punish anyone who says “floor” too loudly. But it gives bulls something concrete: large players absorbed supply there and moved it away from liquid markets. It also fits the adoption story, with institutions and some sovereign-linked buyers treating Bitcoin as a hedge against fiat weakness or as a better store of value than the alternatives.
Still, Bitcoin is under pressure on the daily chart. It is trading near $61,400 after one of its sharpest drops of 2026. The chart broke below the $64,000 to $66,000 support area, which had acted as a floor during the February and March consolidation. Once that zone failed, sellers pushed BTC toward the lower end of its wider range and forced a fast test of $60,000. The structure is weak. Bitcoin is below the 50 day, 100 day, and 200 day moving averages. All three are sloping down. That points to bearish momentum across the main timeframes. Yes, this cuts against the whale-accumulation argument above. Both can be true: strong hands can buy while the chart still looks bad. The bounce from $60,000 has not shown much strength, even though volume rose during the selloff. One detail matters: this $60,000 to $62,000 retest lines up with the February low. If that breaks, the chart gets thin quickly.
What this means
The buying around $60,000 shows real demand from large Bitcoin holders, even while the broader mood stays bearish. Retail traders were cutting exposure. Bigger wallets appeared to treat the same level as a discount. Is this enough to call a reversal? Not yet. It can come before stabilization, though, because supply leaves the market and selling pressure eases. The 11,422 BTC withdrawal is the main point. It reduces liquid supply and suggests those buyers were not just grabbing coins for a quick flip.
Traders should watch $60,000 to $62,000 closely. If Bitcoin holds that area long enough, it can start building a base for a recovery. If it loses the level cleanly, there is not much nearby support, and another burst of volatility becomes more likely. Exchange netflows are worth watching too. More negative flows would support the accumulation case. A sharp move back into positive flows would suggest sellers are returning. I would not overcomplicate this part: the next few weeks should show whether this whale buying was enough to form a durable floor, or just a pause before another leg down.
FAQ
What is a Bitcoin whale?
A Bitcoin whale is a person, fund, company, or other entity that holds enough Bitcoin to move the market with large transactions.
What does “retail capitulation” mean?
Retail capitulation happens when individual investors sell in fear, often at a loss and often near local bottoms.
What is the Exchange Whale Ratio?
The Exchange Whale Ratio, as used by Woominkyu, shows how much of total exchange inflow comes from the largest transactions. A higher reading means heavier whale activity.
What is “cold storage” in crypto?
Cold storage means keeping crypto offline, usually in a hardware wallet or another offline setup. People mainly use it for security and longer term holding.
What is Exchange Netflow?
Exchange Netflow tracks whether more crypto is moving into exchanges or leaving them. Negative netflow means more coins are leaving than entering.
What is “FUD” in crypto?
FUD means Fear, Uncertainty, and Doubt. In crypto, people use it for negative sentiment, bad rumors, or panic-driven narratives.
What is the significance of 11,422 BTC leaving exchanges?
On chain data shows 11,422 BTC left exchanges after the dip. That cuts liquid supply and suggests large holders wanted custody, not a quick resale.
What is the Inflow Coin Days Destroyed (CDD) metric?
Inflow Coin Days Destroyed measures the weight of older coins moving onto exchanges. A high reading usually means long held coins are being spent or prepared for sale.
Why is the $60,000-$61,000 range considered an “institutional accumulation zone”?
Woominkyu’s analysis points to heavy buying by large market participants around $60,000 to $61,000, followed by major withdrawals from exchanges. That is why traders are treating the area as an accumulation zone.
What are the technical indicators suggesting bearish momentum for Bitcoin?
Bitcoin is trading below its 50 day, 100 day, and 200 day moving averages, and all three are trending lower. That setup points to bearish momentum on the daily chart.
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.
