Bitcoin Sees $21.8B Inflow As Whales Reach Record Holdings And Price Momentum Builds

Bitcoin has experienced a significant rise in capital inflows, with a net increase of $21.8 billion (+3.3%) over the past 30 days.

This surge has driven the asset’s Realized Cap to an all-time high of over $646 billion, indicating that liquidity is rising across the market. This capital influx is playing a crucial role in supporting Bitcoin’s recent price growth.

One of the most notable trends is the record-breaking accumulation by whales, who now hold approximately 670,000 BTC, marking the highest level in history. This concentration of large-scale holdings points to long-term confidence in Bitcoin’s future, offering an optimistic outlook for the asset.

While whale accumulation is strong, Bitcoin’s next major breakout may depend on attracting new retail and institutional investors. The stabilization of UTXO (Unspent Transaction Output) decline for assets held for less than six months could signal a potential price surge, similar to trends seen in previous market cycles. This stabilization is often an early indicator of strong upward momentum.

Just 8.6% Of Bitcoin Investors Are Experiencing Losses

Currently, only 8.6% of Bitcoin investors are experiencing losses, which suggests overall optimism in the market. As new investors enter the market, Bitcoin could see an explosive breakout, pushing its price to new heights.

Further evidence of rising investor interest is the activity in Bitcoin spot ETFs. On October 23, Bitcoin spot ETFs saw a net inflow of $192 million, while BlackRock’s ETF IBIT recorded an impressive inflow of $317 million. These inflows highlight increasing demand from institutional investors and suggest that Bitcoin’s momentum is building toward another significant price move.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/bitcoin-sees-21-8b-inflow-as-whales-reach-record-holdings-and-price-momentum-builds/