bitcoin·88d 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.

A CryptoQuant analyst points to Bitcoin UTXO data as an indicator that capitulation may be underway, historically a buying opportunity for long-term holders.