Bitcoin Bullish Signal: Inflows To HODLer Wallets Hit ATH
Summary
Bitcoin inflows to accumulation wallets have hit an all-time high, with 25,300 BTC flowing in, worth almost $1.3 billion. Accumulation addresses must meet specific criteria, including no outgoing transactions, a balance of at least 10 BTC, and more than two incoming transfers in their lifetime. The recent spike in inflows suggests significant buying by HODLers, potentially driven by institutional buying related to spot ETFs. This accumulation indicates a positive sign for Bitcoin's price, which has retraced towards $51,100.
