Bitcoin accumulation surges as whales and institutions buy over $100M amid $70k+ price hold

Bitcoin has held above $70,000 for nearly a month, prompting increased buying from large investors. A whale moved 1,051 BTC worth $82.37 million into private custody, signaling long-term holding intentions. Morgan Stanley also bought 286.7 BTC for $22.48 million, raising its total holdings to 2,620 BTC valued at $204.7 million. Additionally, U.S. institutional investors are piling into Bitcoin, with net inflows into spot ETFs jumping to $629.7 million. This growing demand and institutional confidence could help Bitcoin break the $80,000 resistance level soon, although market indicators suggest the next move remains uncertain.