Bitcoin Long-Term Holders Signal Confidence With 881K BTC Buy—Bull Run Ahead?
The post Bitcoin Long-Term Holders Signal Confidence With 881K BTC Buy—Bull Run Ahead? appeared on BitcoinEthereumNews.com. On June 11, the market witnessed 30,784 Bitcoins worth $3.3 billion flow into HODL wallets, bringing total holdings to 2.91 million BTC with an average entry price of $64,000. Spot Bitcoin ETFs recorded over $970 million in inflows during the first four trading sessions this week, led by BlackRock’s iShares Bitcoin Trust (IBIT). Despite the Bitcoin (BTC) price dropping from $110K to under $103K earlier today, driven by factors like Trump tariffs and Iran-Israel conflict, long-term holders have resolved to heavy accumulation over the past month. Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, revealed a substantial increase in Bitcoin holdings among long-term investors. According to Ju, these holders have added 881,578 BTC to their portfolios over the past 30 days. #Bitcoin long-term holders added 881,578 BTC over the past 30 days. pic.twitter.com/0503O8acpm — Ki Young Ju (@ki_young_ju) June 13, 2025 This accumulation underscores growing confidence in Bitcoin’s long-term potential, even as the broader crypto market faces heightened volatility and macroeconomic uncertainties. Furthermore, a CryptoQuant report also states that the BTC market witnessed its most significant accumulation event of 2025, with 30,784 BTC, worth a massive $3.3 billion, flowing into HODL wallets on June 11. This massive inflow pushed the total BTC held by these accumulation addresses to 2.91 million, with an average entry price of around $64,000. Source: CryptoQuant Notably, this accumulation continues even as BTC price trades near its all-time high, highlighting strong confidence among long-term holders and whales in the market’s bullish potential. Bitcoin ETF Inflows Continue To Surge Inflows into spot Bitcoin ETFs have continued to gather pace once again this week. During the first four trading sessions this week, BTC exchange-traded funds (ETFs) have recorded over $970 million in inflows, offsetting the outflows observed last week. Interestingly, the BlackRock BTC ETF (IBIT) has dominated…
The post Bitcoin Long-Term Holders Signal Confidence With 881K BTC Buy—Bull Run Ahead? appeared on BitcoinEthereumNews.com.
On June 11, the market witnessed 30,784 Bitcoins worth $3.3 billion flow into HODL wallets, bringing total holdings to 2.91 million BTC with an average entry price of $64,000. Spot Bitcoin ETFs recorded over $970 million in inflows during the first four trading sessions this week, led by BlackRock’s iShares Bitcoin Trust (IBIT). Despite the Bitcoin (BTC) price dropping from $110K to under $103K earlier today, driven by factors like Trump tariffs and Iran-Israel conflict, long-term holders have resolved to heavy accumulation over the past month. Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, revealed a substantial increase in Bitcoin holdings among long-term investors. According to Ju, these holders have added 881,578 BTC to their portfolios over the past 30 days. #Bitcoin long-term holders added 881,578 BTC over the past 30 days. pic.twitter.com/0503O8acpm — Ki Young Ju (@ki_young_ju) June 13, 2025 This accumulation underscores growing confidence in Bitcoin’s long-term potential, even as the broader crypto market faces heightened volatility and macroeconomic uncertainties. Furthermore, a CryptoQuant report also states that the BTC market witnessed its most significant accumulation event of 2025, with 30,784 BTC, worth a massive $3.3 billion, flowing into HODL wallets on June 11. This massive inflow pushed the total BTC held by these accumulation addresses to 2.91 million, with an average entry price of around $64,000. Source: CryptoQuant Notably, this accumulation continues even as BTC price trades near its all-time high, highlighting strong confidence among long-term holders and whales in the market’s bullish potential. Bitcoin ETF Inflows Continue To Surge Inflows into spot Bitcoin ETFs have continued to gather pace once again this week. During the first four trading sessions this week, BTC exchange-traded funds (ETFs) have recorded over $970 million in inflows, offsetting the outflows observed last week. Interestingly, the BlackRock BTC ETF (IBIT) has dominated…
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