Bitcoin’s Dormant Coins Stir: A Bullish Storm Brewing?
Hold onto your wallets—Bitcoin’s making waves again! CryptoQuant’s latest on-chain data reveals a stunning flip in Apparent Demand, with long-dormant coins roaring back into action. From a bleak -200,000 BTC, this 30-day metric has swung sharply positive, signaling sidelined capital is charging into the Bitcoin network. This isn’t just a flicker of interest—it’s a full-on investor stampede.
The timing couldn’t be hotter. Bitcoin’s recent surge past $87,000 aligns perfectly with this demand spike, driven by long-term holders and ETF buyers flexing real on-chain muscle. Echoes of February’s ETF-fueled rally ring loud, when a similar demand shift ignited institutional frenzy. Historically, these reversals have paved the way for epic price runs or unshakable support levels. With fundamentals and technicals syncing up, Bitcoin’s shaking off its slumber—could a massive rally be next?
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