Bitcoin's price has stabilized above $71,000, and long-term investors are buying in bulk. Whales, or large investors, are accumulating BTC at an unprecedented rate, signaling a potential price surge to $80,000.

CryptoQuant reports a significant increase in Bitcoin demand, driven by three key factors. First, permanent holders and large investors are growing their balances faster, indicating confidence in BTC's future performance. Second, new large investors are pouring in $1 billion daily, boosting demand. Finally, spot ETFs in the USA are seeing a notable rise in Bitcoin purchases.

The report also highlights a decrease in heavy selling by traders, with the unrealized profit ratio resetting to 0%. This suggests a market equilibrium, reduced selling pressure, and potential for upward movement in BTC prices. Whales have amassed 70,000 BTC in the past 30 days, with demand increasing at a monthly rate of 4.4%.

Meanwhile, spot Bitcoin ETFs have experienced 18 consecutive days of inflows, with a total net inflow of $218 million on June 6. Grayscale's ETF, GBTC, saw an outflow of $37.574 million, while BlackRock's ETF, IBIT, received an inflow of $350 million, reaching a cumulative historical net inflow of $17.431 billion.

In conclusion, Bitcoin's resurgence is driven by growing demand from long-term holders and large investors. With whales buying in bulk and ETF inflows on the rise, the stage is set for a potential price surge to $80,000. As the market continues to evolve, one thing is clear - Bitcoin's big comeback is underway.