The fools were scared away, only the big players were still methodically buying the bottom and eating. They bought 85,000 bitcoins in a month. The 40,000 coins of the Germans were really not enough. They regretted cutting their losses at 54,000, right? Maybe tonight is the last time you will see a bitcoin starting with 5.

BTC long-term holders' addresses increased their holdings by 85,000 BTC in the past 30 days

On July 10, CryptoQuant founder and CEO Ki Young Ju released data on social media saying that Bitcoin long-term holders' addresses (mainly custodial wallets with no outflow of funds) have accumulated 85,000 BTC in the past 30 days.

These wallets are neither ETFs, exchanges, nor miners. In the same period, Bitcoin spot ETF addresses have outflowed nearly 16,000 BTC.

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