As Bitcoin's price holds steady above $71,000, large investors are scooping up the cryptocurrency in massive quantities, signaling a potential price surge to $80,000. CryptoQuant reports a significant increase in Bitcoin demand, fueled by long-term holders and substantial investors.

The total balances of permanent holders and large investors have grown faster, indicating confidence in Bitcoin's future performance. New large investors are injecting $1 billion daily into the market, while spot ETFs in the USA are seeing a rise in Bitcoin purchases. The selling pressure has subsided, with traders' unrealized profit ratio resetting to 0%, suggesting a market equilibrium and potential for upward movement.

CryptoQuant observes a resurgence in Bitcoin whale buying appetite, reaching its highest level in two months. Permanent holders have accumulated 70,000 BTC in 30 days, with whale demand increasing at a monthly rate of 4.4%. Meanwhile, spot Bitcoin ETFs have seen 18 consecutive days of inflows, with BlackRock's IBIT reaching a cumulative historical net inflow of $17.431 billion.

In conclusion, the massive accumulation by Bitcoin whales and growing demand from long-term holders and large investors signal a potential price rally to $80,000. As the market reaches equilibrium and selling pressure subsides, the stage is set for a significant price movement. Will Bitcoin's price surge to new heights? Only time will tell.