Large Bitcoin holders could sell into any rally, Bitfinex analysis suggests
Bitfinex data points to possible selling from holders of 874,000 BTC if Bitcoin rallies. ETF inflows have returned, but only through the IBIT fund, so buyers still need to show a recovery can hold.
Why it matters
- Holders of 874,000 BTC could sell if Bitcoin's price rises further.
- ETF inflows are back, but they are coming only through IBIT.
- Spot buyers still need to prove that any recovery can last.
What to watch next
Watch whether the next Bitcoin rally draws selling from large holders and whether ETF inflows spread beyond IBIT.
