Bitcoin has experienced significant capital inflows totaling $5.4 billion over the past month, translating to the acquisition of 52,000 BTC, according to on-chain data. Analyst Axel Adler Jr from CryptoQuant highlighted that most of these inflows occurred at prices exceeding $100,000 per Bitcoin, reflecting robust investor confidence.
The young supply share of Bitcoin, which represents the portion held by newer investors, has reached 18.7%. This increase suggests a growing interest from new market participants, reminiscent of previous bull market cycles, such as early 2024. The current trend may indicate potential for further price appreciation in the coming months.
Bitcoin Attracts $5.4 Billion in Inflows, Young Supply Rises to 18.7%
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