📈 In July, major Bitcoin holders bought over 84,000 BTC, valued at around $5.4 billion, marking the biggest single-month increase since October 2014!

These large holders, controlling at least 0.1% of Bitcoin’s supply, took advantage of the price volatility. They accumulated BTC when prices fell below $55,000 and paused as they neared $69,000.

Analysts believe that this strong accumulation indicates confidence that the current consolidation phase will lead to a bullish breakout, extending the rally from $16,000. 🚀💰