bitcoin·8d ago
VanEck: Bitcoin Summer Lull Conceals Supply Tightening
VanEck notes that while Bitcoin trades quietly this summer, supply dynamics are tightening with long-term holders accumulating.
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VanEck notes that while Bitcoin trades quietly this summer, supply dynamics are tightening with long-term holders accumulating.
Long-term holders added 5,912 BTC on July 11-12, reversing a 12-day selling trend.

Corporate miner Bitmine adds to its Ethereum treasury, reaching 5.7 million ETH.

A newly created Ethereum wallet has accumulated more than $28 million worth of ETH, on-chain data shows.

Market analyst Ali Martinez says Bitcoin's recent drop to $59,000 could signal a market bottom and the start of a major accumulation phase.