After combining the worth of each transaction, Maartunn revealed that the total inflow for that day alone reached a staggering $1.07 billion. During this period, these significant transfers probably had an impact on the price of Bitcoin, which rose from the $108,000 to $113,000 thresholds.
According to Darkfost, the sharp growth points to a resurgence in spot trading interest, suggesting a cautious investor mood. In his view, the return to the spot market may set the stage for a more sustainable bullish recovery.
