Bitcoin has dropped more than 70% from its all-time high in November 2021, triggering selling pressure. While it appeared that institutional investors would ride out the bad market, this has not been the case. Over the previous few months, the open market selling of bitcoin has increased, and institutional investors have been discovered to have sold a considerable portion of their holdings.
Institutional investor sell-offs have rocked the market, but because the sales were not reported then, the market did not know these businesses were dumping their holdings until much later.
It all began ...
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Institutional Investors Offload 1% Of Total Bitcoin Supply in Less Than 2 Months