{"id":182501,"date":"2025-06-14T01:10:11","date_gmt":"2025-06-14T01:10:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/182501\/"},"modified":"2025-06-14T01:10:11","modified_gmt":"2025-06-14T01:10:11","slug":"bitcoin-drops-to-104k-can-3-3b-in-inflows-spark-btcs-reversal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/182501\/","title":{"rendered":"Bitcoin drops to $104K: Can $3.3B in inflows spark BTC&#8217;s reversal?"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">Whale selling contrasts with $3.3B inflows and long-term holders adding 881K BTC.<\/li>\n<li style=\"font-weight: 400;\">NVT spikes, new address growth slows, and liquidation zones threaten increased volatility.<\/li>\n<\/ul>\n<p>On the 11th of June, <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> accumulation wallets saw the biggest single-day inflow of 2025, absorbing 30,784 BTC worth $3.3 billion. <\/p>\n<p>These wallets, often tied to long-term holders and not linked to exchanges, now collectively hold 2.91 million BTC.\u00a0<\/p>\n<p>Notably, this occurred while Bitcoin traded around $104,719, reflecting a 2.41% daily drop. Despite short-term volatility, the size and conviction of these inflows suggest a long-term bullish bias.\u00a0<\/p>\n<p>This behavior implies that large holders are positioning for a potential upside even as retail sentiment appears cautious.<\/p>\n<p><b>Whales vs. LTHs<\/b><\/p>\n<p>A prominent whale wallet recently deposited 1,000 BTC worth $106 million to Binance, continuing a selling streak that began in April 2024.\u00a0<\/p>\n<p>So far, this wallet has offloaded 6,500 BTC, signaling a strong intent to realize profits as price approaches key resistance.\u00a0<\/p>\n<p>However, the whale still holds 3,500 BTC, indicating it\u2019s not a full exit but a tactical distribution. In contrast, long-term holders have added a staggering 881,578 BTC in the past 30 days, according to CryptoQuant.\u00a0<\/p>\n<p>This aggressive accumulation reveals unwavering conviction in Bitcoin\u2019s long-term upside despite short-term volatility and whale exits.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/GtTr-KIbMAMIAKX-scaled.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-501360\" class=\"size-full wp-image-501360\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC long term holders\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/GtTr-KIbMAMIAKX-scaled.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-501360\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>Can bulls conquer the $112K supply wall?<\/b><\/p>\n<p>Bitcoin\u2019s price has failed multiple times to breach the $112K resistance. The market structure still leans bullish due to rising trendline support.\u00a0<\/p>\n<p>However, the Relative Strength Index (RSI) dipped below 50, highlighting waning momentum. Therefore, unless buyers reclaim the $106K zone soon, the risk of another pullback toward $101K increases.\u00a0<\/p>\n<p>Nevertheless, bulls could trap late shorters if they manage to push prices above this congestion zone. Market indecision around this level is likely to define BTC\u2019s next move.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-13_12-43-24.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-501363\" class=\"size-full wp-image-501363\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC technical outlook \" width=\"2114\" height=\"1108\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-13_12-43-24.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-501363\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p><b>Is BTC\u2019s valuation outpacing its utility?<\/b><\/p>\n<p>The Network Value to Transaction (NVT) ratio surged 15.21% to 36.49, reflecting growing divergence between market cap and on-chain transfer volume.\u00a0<\/p>\n<p>Such spikes have historically indicated speculative overvaluation. Therefore, this metric now suggests that Bitcoin\u2019s price may be rising faster than actual demand for transactional use.\u00a0<\/p>\n<p>If this trend persists, it could precede a local top. However, high NVTs can also occur during early stages of long-term uptrends, especially when holders prefer accumulation to spending.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Bitcoin-NVT-Ratio-4.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-501364\" class=\"size-full wp-image-501364\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Bitcoin-NVT-Ratio-4.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-501364\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><b>What\u2019s keeping BTC active?<\/b><\/p>\n<p>Over the past week, active addresses rose by 1.69%, while new addresses fell by 2.36%. This suggests current users remain engaged even as new user inflows slow.\u00a0<\/p>\n<p>Therefore, the market is likely running on internal momentum rather than attracting fresh capital.\u00a0<\/p>\n<p>While this dynamic can support short-term rallies, long-term sustainability usually requires expanding the user base.\u00a0<\/p>\n<p>Nonetheless, the increase in active wallets signals that committed holders are still participating, which stabilizes the network during uncertain conditions.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-13-123856.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-501366\" class=\"size-full wp-image-501366\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1962\" height=\"790\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-13-123856.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-501366\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<p><b>Liquidation clusters aim at volatility<\/b><\/p>\n<p>The 24-hour Binance liquidation heatmap highlights dense long liquidations around $105K and $102K. Therefore, price movements into these zones may trigger cascading stop-losses.\u00a0<\/p>\n<p>This setup increases volatility risk if bears push below these thresholds. However, if BTC holds above $104K, it may trap short positions and initiate a relief bounce.\u00a0<\/p>\n<p>These clustered zones often act as inflection points, amplifying whichever side gains momentum. Consequently, traders should monitor these levels for sharp moves in either direction.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Binance-BTC_USDT-Liquidation-Heatmap24-hour-2025-06-13_12_44_08.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-501362\" class=\"size-full wp-image-501362\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1789\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Binance-BTC_USDT-Liquidation-Heatmap24-hour-2025-06-13_12_44_08.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-501362\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p><b>Will long-term holders fuel the next breakout?<\/b><\/p>\n<p>Despite price rejection near $112K and short-term whale selling, long-term accumulation and record inflows into HODL wallets reflect strong conviction.\u00a0<\/p>\n<p>Network fundamentals appear mixed, with weakening user growth but steady activity from current participants.\u00a0<\/p>\n<p>Elevated valuation metrics suggest caution, but buyer behavior implies confidence in long-term upside.\u00a0<\/p>\n<p>Therefore, if Bitcoin can reclaim $106K and defend key support, the next leg toward new highs could be underway.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/bitcoin-to-1m-galaxys-novogratz-says-adoption-wave-could-trigger-10x-rally\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Bitcoin to $1M? Galaxy\u2019s Novogratz says adoption wave could trigger 10x rally<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Whale selling contrasts with $3.3B inflows and long-term holders adding 881K BTC. NVT spikes, new address growth slows,&hellip;\n","protected":false},"author":2,"featured_media":182502,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-182501","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114679056265862878","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/182501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=182501"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/182501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/182502"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=182501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=182501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=182501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}