On‑chain data: Whales moved 66,940 BTC into accumulator addresses near $71k — largest single‑day inflow this cycle

CryptoQuant recorded 66,940 BTC moved into whale accumulator addresses on Feb. 6 — the largest single‑day inflow this cycle — signaling large holders bought the recent pullback rather than capitulated. Analysts note ETF and desk rebalancing can blur accumulation signals. Historical whale‑accumulation spikes have often preceded upside once forced selling subsides. BTC trades near $71,300; ETH ~ $2,092; SOL ~ $87.6.
AI Analysis
CryptoQuant logged a 66,940 BTC inflow into whale accumulator addresses (largest single‑day inflow this cycle), implying buying pressure; analysts warn ETF/desk rebalancing can distort on‑chain accumulation signals; past similar spikes have preceded rallies after forced selling eased; current BTC price ~ $71.3k.