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Smart money is buying, retail investors are selling? In the past 9 days, institutions have swooped up $3.2 billion worth of Bitcoin.
【Crypto World】On-chain data shows an interesting recent phenomenon: institutional funds holding between 10 and 10,000 Bitcoins have been aggressively accumulating over the past 9 days, purchasing approximately $3.21 billion worth of Bitcoin. In contrast, retail investors have sold 132 Bitcoins during the same period, totaling about $11.66 million.
The actions on both sides are completely opposite. Although recent Bitcoin price fluctuations are related to some geopolitical events, this divergence in holdings between institutions and retail investors is actually seen as a long-term bullish signal. After all, smart money tends to move ahead.