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Bitcoin Whales Accumulate $1.2 Billion in Bitcoin Since July 29, spot ETFs Attract $754 Million This Week
Since July 29, wallets holding between 10 and 10,000 Bitcoin have accumulated over 20,000 Bitcoin, valued at $1.2 billion. Meanwhile, US-listed Bitcoin spot ETFs have attracted $754 million this week, on track for their best weekly performance since April. Despite significant inflows, Bitcoin's price has not seen a substantial increase, which analysts suggest indicates that current buyers are more strategic. A breakthrough above $65,000 is needed to establish a true recovery narrative.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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