🚨Last week, institutional wallets — excluding miners and exchanges — added over 67,000 BTC in a 30-day period, raising their total holdings to more than 3.9 million coins. This accumulation trend is reflected in order books, with strong buying pressure on Coinbase and Bitfinex, while Binance and Bybit remain predominantly selling.
The disparity suggests that large investors continue absorbing coins, while smaller investors are liquidating their positions due to the sideways market. This behavior often leads to an exhaustion of retail selling, with those investors likely to buy back Bitcoin at higher prices when market sentiment improves.
Meanwhile, institutional investors are building their positions ahead of a market recovery, positioning themselves to take profits during the next price increases.