270,000 BTC accumulated by whales at $59k. largest single accumulation spike ever recorded on chain. bigger than the covid bottom (150k…

disappointed parents capital (@disappointedparentscapital), Jul 2, 2026, 10:41 UTC

270,000 BTC accumulated by whales at $59k. largest single accumulation spike ever recorded on chain. bigger than the covid bottom (150k BTC). bigger than the FTX bottom (180k BTC). ETF outflows hit $4.5b in june but that capital rotated to semis, not cash. the entities selling BTC face quarterly redemptions and compliance committees armed with citi's $82k target. the entities buying have no reporting requirements and no redemption pressure. LTH SOPR at 0.615 last printed in july 2023 at $25k-$31k before the run to $73k. forced sellers are finite. voluntary buyers at record size are not.

The excerpt is quoted from a public Telegram channel, which owns its text.

Read the original post on Telegram

More posts from disappointed parents capital · All channels

FixLane Live vulnerabilities with ready fix prompts