Bitcoin saw a major accumulation spike this week, with 30,784 BTC—worth approximately $3.3 billion—flowing into long-term HODL wallets in a single day, according to new data from CryptoQuant.
The surge in whale accumulation occurred on June 11, coinciding with price levels near all-time highs.
Whales Accumulate as BTC Trades Above $110K
The CryptoQuant chart shows inflows into accumulation addresses—wallets identified as long-term holders with no history of outgoing transactions. On June 11, these addresses saw one of the largest daily inflow spikes in months, suggesting that institutional and high-net-worth investors are seizing the current dip as a strategic entry point.
At the time of the inflow:
- Bitcoin price: $110,427
- 30-day SMA: $106,129
- BTC inflow: 30,784 BTC
The spike marks one of the most aggressive accumulation events since early 2024, reflecting confidence among long-term holders despite recent market volatility.
What This Means for Market Sentiment
Such heavy inflows into non-spending wallets typically signal strong conviction by long-term investors, especially when occurring near elevated price levels. Historically, whale accumulation during dips or periods of consolidation has preceded bullish reversals or continued uptrends.
CryptoQuant’s data suggests these inflows occurred at a time when Bitcoin was rebounding from a recent correction, showing that major players view current prices as a high-value zone for long-term positioning.
Conclusion
With over $3 billion worth of BTC moved into long-term storage in just 24 hours, the market may be entering a phase where supply tightens, setting the stage for future upward price momentum. As whales continue to accumulate, all eyes will be on whether this signals a deeper institutional move or a defensive play amid geopolitical uncertainty.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/3-3b-in-bitcoin-flows-into-long-term-hodl-wallets-whale-accumulation-nears-record-levels/