Bitcoin supply drops, institutions load up $164M in BTC
Bitcoin demand surges as institutions and whales accumulate, signaling potential continuation of the current bullish run.
Institutional inflows, rising Open Interest, strong on-chain demand, and declining BTC supply indicate a bullish outlook, signaling a potential for a sustained Bitcoin price rally driven by smart money accumulation.
Global demand for Bitcoin [BTC] has been rising steadily.
Institutions and crypto whales are increasingly accumulating BTC, while adoption from traditional finance continues to grow.
This trend is reflected in the surge in open interest across crypto markets.
Recently, BlackRock added approximately 1,388 BTC, worth around $164.3 million, to its portfolio, underscoring institutional interest.
At the same time, whale activity has intensified, with several large wallets acquiring significant amounts of Bitcoin.
Such coordinated accumulation typically signals strong long-term confidence in Bitcoin’s value, particularly among experienced, well-capitalized investors, often referred to as ‘smart money.’
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