Bitcoin HODLers With Zero History Of Selling Just Bought All-Time High Amount
Summary
Bitcoin accumulation addresses, which receive but never send transactions, have seen record inflows, with 27,700 BTC entering in a day. These addresses hold at least 10 BTC and have received two transfers in the last seven years. The recent surge in inflows, totaling $1.75 billion, suggests strong buying from long-term holders, potentially impacting the asset's price positively. This trend coincides with a bullish environment following the approval of spot exchange-traded funds. Despite a brief dip, Bitcoin has rebounded to around $63,500.
