Market data reveals a significant transfer of Bitcoin holdings over the past year, with Bitcoin whales divesting over 500,000 BTC.
This substantial sell-off was countered and absorbed by institutional investors, who acquired nearly 900,000 BTC during the same period.
The influx of institutional capital has been identified as a key factor stabilizing Bitcoin’s price, which recently traded near $110,000.
Supporting this price level, Bitcoin’s market capitalization surged significantly to approximately $2.17 trillion.
This valuation reflects a significant 16.12% price appreciation observed in the preceding 60 days.
Regulatory progress, including the approval of Exchange-Traded Funds (ETFs), has reinforced institutional participation and contributed to overall market stability.
The market trajectory for Bitcoin is increasingly characterized by a shift away from whale-driven speculation towards institutional investment.