Bitcoin loses 50% whale flow! 2 reasons why BTC can still survive

Key Points

1. Large BTC transactions over $100K dropped by 50% in June, indicating reduced whale activity.

2. Exchange outflows spiked by 829%, suggesting aggressive movement of BTC to cold storage or long-term holding.

3. $4.68 billion worth of Bitcoin was accumulated recently, with significant movement off exchanges between June 9 and 16.

4. The Puell Multiple and NVT ratio indicate potential for a major rebound if certain thresholds are met.

5. Despite market slowdown, buy-and-hold strategies may help Bitcoin weather downside moves, with July's accumulation trend appearing stronger.