Largest BTC Inflow Since 2022 Hits Accumulation Wallets: CryptoQuant
A recent analysis shared by CryptoQuant has revealed the largest single-day inflow of Bitcoin (BTC) since February 1, 2022. This substantial influx, amounting to an astonishing 48,575 BTC, was seen in accumulation addresses. The move, which translates to approximately $3.6 billion, is an unprecedented one that coincided with a sharp market decline triggered by escalating trade tensions following US President Donald Trump’s renewed tariff policies against China.
The recent activity has raised eyebrows among industry experts and observers alike, as it highlights renewed institutional or long-term holder confidence in the cryptocurrency. It is essential to note that accumulation addresses have historically exhibited a pattern of strategic buying during macroeconomic stress, often absorbing large volumes during dips.
This recurring trend suggests a growing appetite for Bitcoin among large-scale investors and holders. This phenomenon has been consistently documented since 2019, with data from Santiment and other sources confirming the same pattern.
Source: https://cryptopotato.com/largest-btc-inflow-since-2022-hits-accumulation-wallets-cryptoquant/