Over 110,000 BTC have moved on-chain since June 29, pointing to sizable institutional flows

AI Market Summary

Onchain data show 113,483 BTC moved since June 29, all older than three months, with ~22,921 BTC coming from addresses dormant for over two years. Large transfers of aged coins often signal institutional reallocation, custody reshuffling, or preparation for OTC/spot market activity, increasing attention to liquidity conditions and near-term volatility risk in BTC without revealing directional intent.

Impact level

● Medium

Affected assets

BTC/USDT+1.10%

AI Insight · BTC/USDTAI Insight

● Neutral

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On-chain analyst Maartunn (@JA_Maartun), citing CryptoQuant data, said that 113,483.30 BTC (about $6.97 billion) have been transferred on-chain since Monday, June 29. The coins involved were all more than three months old. The data also show that 22,921.26 BTC (about $1.41 billion) came from long-term addresses that had held the coins for over two years.

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