According to Milk Road, Bitcoin's recent price rally has triggered a significant movement of long-dormant coins back into circulation. Coins that had been inactive for months or even years are now being sold, as there is no new issuance to meet growing demand. This shift points to a genuine supply squeeze, forcing the market to tap into deep reserves for liquidity. Traders should monitor on-chain analytics for increases in old coin movements, as these events often precede heightened volatility and can signal potential profit-taking zones or impending resistance levels. Source: Milk Road (@MilkRoadDaily, June 5, 2025).

According to Cas Abbé (@cas_abbe), BlackRock has purchased $131 million worth of Bitcoin daily since its entry into the market. With current daily mined BTC valued at $47.47 million, BlackRock's accumulation rate is almost three times the newly mined supply over the past 16 months. This aggressive buying pace has tightened available supply, likely contributing to upward price pressure and increased volatility. Crypto traders should monitor BlackRock’s ongoing accumulation for potential impacts on liquidity and BTC price trends. (Source: Cas Abbé, Twitter, May 20, 2025)