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Institutional Investors and Whales Push Bitcoin Demand to New Heights

Institutional Investors and Whales Push Bitcoin Demand to New Heights
© Copyright Image: Crypto Breaking News

Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance between the surging demand and the decreasing sell-side liquidity, with [] Source: Bitcoin.com

The post Institutional Investors and Whales Push Bitcoin Demand to New Heights appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/institutional-investors-and-whales-push-bitcoin-demand-to-new-heights/

Text source: Crypto Breaking News

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Wed, 27 Mar 2024
Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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