Recent blockchain analytics indicate growing potential for a Bitcoin price surge, driven by persistent HODLer accumulation and tightening supply dynamics despite short-term demand concerns. Historical patterns in stablecoin inflows and onchain metrics suggest the market may be forming a bottom before a significant upward move.
Network activity reveals extreme HODLer dominance, with the 30-day simple moving average (SMA) of New UTXO creation now substantially lower than levels observed during the 2024 bull run. This signals a pronounced supply squeeze as long-term holders continue to withdraw coins from circulation.
Whale transactions reinforce the bullish narrative, with large transfers comprising 96% of recent exchange flows. This concentration indicates sustained institutional or high-net-worth investor activity despite ongoing price volatility.
While short-term demand weakness remains a risk factor, structural strength from HODLer behavior and favorable supply-demand fundamentals provide a foundation for potential upside. Market participants are advised to monitor key indicators including New UTXO activity and exchange inflow patterns for early confirmation of market movements.