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Bitcoin Sees $21.8B Inflow As Whales Reach Record Holdings And Price Momentum Builds

  • Bitcoin has seen a massive $21.8 billion influx of capital in the past 30 days, driving the asset's Realized Cap to an all-time high of over $646 billion.
  • Whales now hold around 670,000 BTC, the highest level ever recorded, indicating long-term confidence in Bitcoin's future.
  • Bitcoin's next major breakout depends on attracting new retail and institutional investors, with the stabilization of UTXO decline being a potential indicator of strong upward momentum.
  • Bitcoin spot ETFs have witnessed significant net inflows, signaling increasing demand from institutional investors and suggesting the building momentum for a significant price move.

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