[Analyst: Over 38,000 BTC Flow into 'Accumulation Addresses,' $70,000 May Become a Key Decision Price] CryptoQuant analyst Abramchart posted that Bitcoin has recorded one of the largest inflows in history, with over 38,000 BTC transferred into wallets typically associated with long-term holders and over-the-counter settlement. This appears to be positive news. However, when these data are combined with the actual cost basis of the accumulation addresses, the situation becomes more complex. The average cost of these accumulation wallets is currently around $70,000, while Bitcoin's trading price is close to $64,000. This creates two possible scenarios: Bullish: Whales are actively accumulating in anticipation of profiting during the next upward trend. Noteworthy scenario: Some purchases may be aimed at lowering the average entry price, so that when Bitcoin returns to the $70,000 range, they can exit at a price close to their cost basis.