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Bitcoin Holds Above $70,000 Amid Strong ETF Inflows – But Whales Are Focused on This Layer 2 Presale

06.03.2026
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Bitcoin (BTC) has exceeded expectations by reclaiming the $70,000 level and holding it through the last couple of days amid strong ETF inflows.

The move marks BTC’s strongest performance since the February 5 flash crash, and much of this steadiness comes down to powerful support from spot Bitcoin ETFs, which have seen $917.28 million in cumulative net inflows this week.

That steady institutional capital has acted as a reliable floor for Bitcoin, driving upward momentum even as the war between the U.S., Israel, and Iran shows no signs of abating.

While mainstream traders are watching Bitcoin’s price action closely, an important shift is taking place among smart money investors.

Whales and veteran traders are increasingly moving beyond simply holding BTC. Instead, they’re allocating capital into projects that can unlock new utility for Bitcoin and Bitcoin Hyper (HYPER) has quickly become one of the most talked-about names in the presale space.

Despite launching only several months ago, the HYPER presale has maintained a steady fundraising pace and brought in almost $32 million, with a six-figure purchase confirmed on-chain this Wednesday.

As Bitcoin Hyper’s BTC-focused Layer 2 is in a position to vastly expand Bitcoin’s DeFi capabilities, it could capture massive upside – and some analysts have even predicted 100x gains for HYPER later in 2026.

Bitcoin ETF Inflows Signal Wall Street Conviction as BTC Holds $70K

Bitcoin made a run toward the $74,000 level two days ago, and managed to tap it on Wednesday evening. However, that achievement proved short-lived – and BTC is tentatively retesting the $70,000 level while bulls put in a real show of strength.

In a post shared on X today, the analyst Ted Pillows highlighted the $69,000–$70,000 range as the main one to watch – indicating that even a drop below $69,000 might not be the end of the world.

$BTC tapped the $74,000-$75,000 resistance zone and got rejected.
The next crucial support zone is $69,000-$70,000, which should hold; otherwise, Bitcoin will drop towards the $65,000 level. pic.twitter.com/OiJooiYSm3

— Ted (@TedPillows) March 6, 2026

Notably, each of Pillows’ latest forecasts involves BTC bouncing eventually – so this chart is more of a guide for dip-buyers than a reason to be fearful.

The impressive run of inflows into spot Bitcoin ETFs has supported this price action, with this week’s total net inflows climbing to $917.28 million as of yesterday. This consistent institutional demand has repeatedly stepped up to cushion dips and reinforce buyer conviction.

Still, many experienced participants aren’t satisfied with passive exposure anymore. Instead, they’re hunting for ways to actively participate in Bitcoin’s growth story through better infrastructure, and that search has led them to the Bitcoin Hyper presale.

Why Bitcoin Hyper Could Become the Top Layer 2 for Bitcoin

Bitcoin Hyper (HYPER) is a new presale-stage Web3 project that’s developing a dedicated Layer 2 network to finally deliver speed and low fees to Bitcoin without compromising the main chain’s legendary security.

The project combines the high-performance Solana Virtual Machine (SVM) with zero-knowledge proofs and regular state commitments back to Bitcoin, creating a system that processes transactions quickly while settling securely on the base layer.

Through a trustless bridge, users will be able to move their BTC onto the Layer 2 and put it to work across staking, DeFi applications, and other decentralized tools that have traditionally struggled on Bitcoin.

You ALWAYS need to show up in style. 😎
That's the Hyper way. 🔥https://t.co/VNG0P4GuDo pic.twitter.com/X7Ds3nsFMM

— Bitcoin Hyper (@BTC_Hyper2) March 3, 2026

The native HYPER token powers all of the L2’s governance processes, transaction fees, and staking (which generates rewards with a 37% APY). The project has already raised more than $31.8 million, while HYPER’s total supply cap stands at 21 billion tokens.

Bitcoin Hyper’s mainnet launch is planned for later in Q1 – and whales are positioning ahead of time, with one buyer investing $123,382 earlier this week and hundreds of investors joining every day. Expert analysts like Borch Crypto have speculated about HYPER achieving 100x gains, which would translate into huge profits for large holders.

How to Join the Bitcoin Hyper Presale Right Now

With ETF inflows continuing to highlight growing institutional belief in Bitcoin, Bitcoin Hyper has arrived at the perfect time for traders looking to get exposure to the infrastructure that could power the network’s next major growth phase.

As the project’s Layer 2 is due to move into its mainnet launch phase by the end of Q1, fast movers get a serious advantage – and the official Bitcoin Hyper website makes investing quick and easy. Just connect your crypto wallet to the site’s built-in investment widget, select your preferred payment option, and you’re good to go.

HYPER tokens are also available directly through Best Wallet, and both the official HYPER site and Best Wallet will support purchases using ETH, USDT, BNB, SOL, USDC, and everyday bank cards.

For even more convenience, you can download Best Wallet directly from the Apple App Store or Google Play Store.

Staking is available immediately when you purchase your HYPER, and currently offers a strong 37% APY, while HYPER is priced at the presale discount rate of $0.0136766 per token.

For the latest updates and announcements, make sure to follow Bitcoin Hyper on X and join their Telegram group.

Visit the Official Bitcoin Hyper Website Here

The post Bitcoin Holds Above $70,000 Amid Strong ETF Inflows – But Whales Are Focused on This Layer 2 Presale appeared first on Cryptonews.

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