Bitcoin Dips on Geopolitical News, But On-Chain Data Shows Whales Are Buying

• Over 30,754 BTC worth $3.3B have flowed into accumulation wallets, signaling long-term bullish conviction.
• Bitcoin slumped to $103K after Israeli airstrikes on Iran, but spot holders continued stacking aggressively.
• Over 3.77M BTC have left exchanges in five years, reducing sell pressure and setting the stage for future rallies.

Bitcoin’s price experienced a sharp drop in the past 24 hours, briefly dipping to $103,162 after Israel launched targeted airstrikes on Iran’s nuclear and ballistic missile facilities. The escalating conflict triggered a classic “risk-off” move across global markets, with investors seeking safety in traditional assets like gold and oil.

However, unlike previous risk-off episodes, Bitcoin’s underlying fundamentals showed renewed strength beneath the surface.

Prime Minister Netanyahu:
"Moments ago, Israel launched Operation Rising Lion, a targeted military operation to roll back the Iranian threat to Israel's very survival.

This operation will continue for as many days as it takes to remove this threat." pic.twitter.com/3c8oF1GCYa

— Prime Minister of Israel (@IsraeliPM) June 13, 2025

On-Chain Data Reveals Massive Bitcoin Acc…

The post Bitcoin Dips on Geopolitical News, But On-Chain Data Shows Whales Are Buying appeared first on Coin Edition.