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A Bitcoin bottom signal flashed in June as long-term holders absorbed 125,000 $BTC, according to live markets data reported by Moomoo.
The accumulation pattern drew attention as a potential turning point in Bitcoin's market cycle. What the On-Chain Data Showed The headline figure is the absorption: 125,000 BTC moved into holder wallets during June.
In on-chain analysis, sustained accumulation by holders — as opposed to speculative traders cycling in and out — is typically interpreted as conviction buying near or at a cycle low.
The scale of the move, 125,000 BTC, is the data point the signal rests on.
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