Bitcoin Inflows Reach $625B, Smashing 15-Year Record
Bitcoin has seen unprecedented capital inflows over the past 1.5 years, with on-chain realized funds hitting $625 billion — a figure that exceeds the cumulative inflows of the past 15 years combined.
Data Highlights Record-Breaking Growth
CryptoQuant CEO Ki Young Ju shared data showing that Bitcoin inflows from 2024 through 2025 far outpace those from 2009 to 2024. In the previous 15-year period, total inflows amounted to $435 billion, meaning the current market cycle has generated nearly $200 billion more in under two years.
Institutional Demand Powers Bitcoin
Institutional adoption is one of the key factors behind this surge. Spot Bitcoin ETFs, corporate treasuries, and sovereign wealth funds have driven demand to new highs. Bitcoin Treasuries data shows that 3.71 million BTC are now held across 325 entities, with publicly-listed companies making up the bulk of holders. MicroStrategy remains the largest corporate owner, holding 638,460 BTC.
Macro Tailwinds Add Momentum
Falling inflation rates and expectations of upcoming Federal Reserve interest rate cuts have encouraged investors to rotate capital into Bitcoin. Long-term holders are accumulating, while illiquid supply remains at record levels. BTC’s price has rallied 93.3% year-over-year, reinforcing investor confidence and driving additional inflows.
Technical Picture Signals Potential Pause
Bitcoin’s monthly Relative Strength Index (RSI) is nearing 70, signaling overbought conditions. While this could prompt short-term consolidation or profit-taking, analysts suggest the overall uptrend remains intact. Many view any pullback as a healthy reset in an ongoing bull cycle supported by record inflows.
