Bitcoin Spot ETF Inflows Hit $700M in 5 Days as Whales Accumulate and Options Traders Bet on $72K

BTC2.39%
According to ChainCatcher, U.S. bitcoin spot ETFs attracted $700 million in net inflows over the past five trading days, marking the longest consecutive inflow period since May. This contrasts sharply with the $7.5 billion in redemptions between mid-May and June. Over the past two months, large bitcoin whales have continuously increased their holdings, while large-scale options traders have also purchased bullish call spreads, betting on bitcoin reaching $72,000 by month-end.
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