币界网报道：Bitcoin surged 12% to reach $107,000 as institutional inflows spiked while exchange reserves dropped 61%, signaling strong accumulation by long-term holders. The rally was fueled by renewed institutional interest, with major funds reporting record inflows into Bitcoin products. Analysts noted the sharp decline in exchange balances suggests investors are moving coins to cold storage rather than preparing to sell. Market sentiment turned bullish as Bitcoin broke key resistance levels, with derivatives data showing rising open interest and funding rates. The price rebound comes after a prolonged consolidation phase, with on-chain metrics indicating reduced selling pressure from miners and long-term holders. Some traders caution about potential volatility ahead as the market digests the rapid price movement.