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Home Blockchain

Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights

by wireopedia memeber
March 27, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights
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News BytesBitcoin 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 […]

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