155,000 BTC Accumulates in $62k-$65k Range as Bitfinex Alpha Highlights Market Consolidation

Bitfinex Alpha Issue 216 reveals 155,000 BTC absorbed in $62k-$65k zone. STH-SOPR at 0.9971 indicates mild losses without panic selling, suggesting range-bound consolidation despite macro headwinds.

Woofun AI reports that Bitfinex Alpha Issue 216 identifies a critical market juncture where Bitcoin breached the downward trigger of closing below $63,000 for two consecutive days. Approximately 155,000 BTC has accumulated within the $62,000 to $65,000 price band, representing 0.7% of circulating supply and absorbing selling pressure. The Short-Term Holder Profitability Ratio (STH-SOPR) stood at 0.9971 on August 1, indicating mild losses among short-term holders without reaching the panic threshold of 0.

95. While Bitcoin ETFs saw their first weekly net outflow in three weeks and spot volume hit lows since late 2023, the decline has not triggered a widespread sell-off. Macro factors include U.S. Q2 GDP growth slowing to 1.5%, annualized PCE rising to 5.1%, and the Federal Reserve maintaining rates at 3.5%-3.75% with a 9-to-3 vote split. Real yields on 10-year TIPS approached 2.41%, nearing the 2.5% threshold that could invalidate current macro support for BTC.