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Institutions buying Bitcoin
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X @TylerD ๐Ÿง™โ€โ™‚๏ธ
Market Dynamics - Bitcoin price remains stable around $107,000 despite institutional buying [1] - Large holders (whales) with over 10,000 BTC, who acquired Bitcoin at $0-$700 and held for 8-16 years, are selling [1] Supply and Demand - BlackRock, Fidelity, Strategy, and other institutions are purchasing significant amounts of Bitcoin [1] - The selling pressure from early Bitcoin adopters may eventually cease [1] Potential Future - The market speculates on the potential outcome when the selling from early adopters stops [1]