Large holders, wallets holding between 10 and 10,000 BTC, accumulated 41,025 units over ten days, bringing their total to 13.64 million BTC, representing 67.93% of bitcoin’s total supply. Bitcoin oscillated between $83,000 and $87,400 last week before surpassing the $85,000 level. U.S. spot bitcoin ETFs attracted $2.4 billion last week, with positive flows of $31 million on Monday and $66 million on Tuesday. Strategy purchased an additional 1,665 BTC at an average price of $85,681, bringing its holdings to 847,666 units. BIT Research estimates the bear market may have ended, with a bullish target range of $185,000 to $215,000.
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