
CryptoQuant: Bitcoin whales accumulate 75,000 BTC in 30 days worth $6.3B
- —Whales added 75,000 BTC in 30 days, roughly $6.3 billion
- —BTC traded at $84,594, about 2.7% below the recent high of $86,951
- —CryptoQuant does not separate institutional buyers from individual large holders
- —Bitcoin ETFs saw nine straight days of inflows totaling $3 billion
Why it matters: Shrinking exchange supply can support prices medium-term, but without confirmed institutional demand the signal remains indirect.
Source: Siam Blockchain