Bitcoin supply drops, institutions load up $164M in BTC – Will prices follow?
2025-07-09 07:08:23
Main Idea
Bitcoin demand is rising due to institutional accumulation and declining supply, potentially supporting a continued bullish price trend.
Key Points
1. BlackRock added approximately 1,388 BTC ($164.3M) to its portfolio, reflecting institutional demand.
2. Bitcoin's Open Interest (OI) in derivatives platforms is surging, indicating bullish sentiment.
3. CryptoQuant's 30-day Apparent Demand metric shows steady Bitcoin accumulation, filtering out short-term noise.
4. Declining mined Bitcoin blocks are tightening supply, creating a shortage amid rising demand.
5. Institutional capital inflows through ETFs and regulated products are providing a stable foundation for Bitcoin's price.
Description
Bitcoin demand surges as institutions and whales accumulate, signaling potential continuation of the current bullish run.
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