Bitcoin fell by 3% in the past 24 hours, briefly dipping below the $63,000 mark. Despite this price weakness, larger holders continued accumulating, with wallets holding between 10 and 10,000 BTC adding a combined 19,696 BTC over the past eight days. Bitcoin ETFs attracted just over $222 million in inflows in July. According to Swissblock, BTC remains in a consolidation phase that has lasted 30 days so far, with the recovery window gradually narrowing. Additionally, BTC supply on exchanges declined by around 78,000 units over six months, signaling a shift toward self-custody rather than distribution.
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