Bitcoin's price surged to $65,704.89 following the cessation of selling by major holders, according to CryptoQuant analyst Woominkyu. After 12 days of declining whale holdings, the trend reversed on June 14, signaling renewed accumulation. The Coin Days Destroyed inflow, a metric indicating selling pressure from long-term holders, plummeted from 2.16 million to just 33,000, reflecting a significant drop in sell-offs.