Bitcoin Inflows Hit $625B in 1.5 Years, Surpassing Prior 15 Years

Bitcoin is once again showing its strength as new data highlights massive inflows into the network. Ki Young Ju, CEO of CryptoQuant, shared figures that reveal how much capital has entered Bitcoin over the years. From 2009 to 2024, BTC saw $435B in inflows on-chain. From 2024 to mid-2025, capital inflows jumped to $625B. This sharp rise shows how quickly institutional and retail investors are pouring money into the asset. With conviction growing stronger than in previous cycles.

Realized Cap Shows True Investment Growth

Ju shared the chart, which focuses on “realized capitalization.” A metric that goes deeper than regular market cap. While market cap multiplies Bitcoin’s price by the circulating supply. The realized cap values each coin at the price it last moved on-chain. In short, it tracks the real amount of money investors have put into the network.

Chart-1 Bitcoin Realized Cap shared by @ki_young_ju on X

Looking at the chart, Bitcoin realized cap has now surpassed $1 trillion for the first time. This growth tells us that capital is stuck in the system even when prices dip. Unlike speculative swings. The realized cap rises more steadily, reflecting long term conviction from investors. During the 2017 bull run, Bitcoin price soared. But realized cap grew more gradually. When prices fell, realized cap held steady. This shows that much of the capital stayed in place. The same pattern repeated in 2021: realized cap climbed significantly, even though price later corrected.

In the 2022–2023 bear market, prices dropped sharply. But realized cap barely moved down. That meant long term holders largely stayed put. They are refusing to sell at a loss. Now, with Bitcoin back above $115,000 in 2025. The realized cap is hitting new highs and confirming that the market is stronger than ever.

Technical Charts Signal Strong Momentum

While the realized cap chart highlights the long term picture. Traders are also watching shorter term signals. Analyst Axel Adler Jr shared a momentum-based chart showing that Bitcoin is holding its position at $116,400. Right at the upper boundary of a key trading channel.

Chart-2 Bitcoin Structure shared by @AxelAdlerJr via X

Chart 2 includes multiple indicators that point toward sustained bullish momentum. The momentum signal currently at 0.8, suggests a strong uptrend. At the same time, structure shift indicators are showing green arrows. A bullish sign that the market trend has tilted further toward buyers. Liquidity zones are also being tracked closely. These are areas with heavy buy or sell activity. And Bitcoin ability to stay above them reinforces market confidence. Adler suggests that the ongoing momentum could continue if the price holds these levels.

Fed Decision Could Be a Catalyst

Despite strong on-chain data and bullish technical. Traders are now waiting on a key macro event. The U.S. Federal Reserve is set to announce its interest rate decision on September 17 at 2:00 PM Eastern Time. Markets are expecting a potential rate cut. If confirmed, the move could add more fuel to Bitcoin rally. Lower interest rates typically reduce yields on traditional investments like bonds. 

This is pushing investors toward risk assets such as Bitcoin. A supportive Fed decision might encourage even more capital inflows. It is extending the current bullish cycle. On the other hand, if the Fed holds rates steady. Traders may see short-term volatility as expectations adjust. Still, with realized cap already hitting record highs. The long-term picture for Bitcoin remains strong.

A Market at a Crossroads

The data paints a clear story: BTC is no longer just moving on speculation. Real capital is flowing into the network at a record pace. Inflows of $625 billion in less than two years highlight how much bigger this cycle has become compared to previous ones. At the same time, technical signals confirm strong bullish momentum. And macro conditions could provide an extra push. 

With the Fed’s decision around the corner, Bitcoin sits at a crucial moment. Whether the rate cut happens or not. The rising realized cap shows that investor conviction is only getting stronger. As history has shown, Bitcoin price can swing wildly in the short term. But the steady growth of realized cap reveals a deeper truth: the foundation of capital behind Bitcoin is bigger and more resilient than ever before.