PANews reported on July 25 that CryptoQuant CEO Ki Young Ju said on the X platform that Bitcoin is currently in an accumulation phase. In the past month, 358,000 Bitcoins have been transferred to long-term holder addresses. In July, the global spot ETF inflow was 53,000 Bitcoins. Although not all the remaining Bitcoins are in custodial wallets, whales are clearly accumulating in large quantities. This level is unprecedented.
CryptoQuant CEO: 358,000 Bitcoins have been transferred to long-term holders in the past month
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