$3.3B in Bitcoin Flows Into Long-Term HODL Wallets — Whale Accumulation Nears Record Levels

The surge in whale accumulation occurred on June 11, coinciding with price levels near all-time highs.

Whales Accumulate as BTC Trades Above $110K

The CryptoQuant chart shows inflows into accumulation addresses—wallets identified as long-term holders with no history of outgoing transactions. On June 11, these addresses saw one of the largest daily inflow spikes in months, suggesting that institutional and high-net-worth investors are seizing the current dip as a strategic entry point.

At the time of the inflow:

The spike marks one of the most aggressive accumulation events since early 2024, reflecting confidence among long-term holders despite recent market volatility.

What This Means for Market Sentiment

Such heavy inflows into non-spending wallets typically signal strong conviction by long-term investors, especially when occurring near elevated price levels. Historically, whale accumulation during dips or periods of consolidation has preceded bullish reversals or continued uptrends.

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CryptoQuant’s data suggests these inflows occurred at a time when Bitcoin was rebounding from a recent correction, showing that major players view current prices as a high-value zone for long-term positioning.

Conclusion

With over $3 billion worth of BTC moved into long-term storage in just 24 hours, the market may be entering a phase where supply tightens, setting the stage for future upward price momentum. As whales continue to accumulate, all eyes will be on whether this signals a deeper institutional move or a defensive play amid geopolitical uncertainty.

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