Bitcoin (BTC) may be heading under $40,000, but fresh data shows that demand from major investors is anything but decreasing.
For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “might be the big narrative” in the crypto space once more.
(https://s3.cointelegraph.com/uploads/2022-04/e97dc9a7-238a-42ca-b9be-93ecb82bd925.png)
https://cointelegraph.com/news/bitcoin-institutional-buying-could-be-big-narrative-again-as-30k-btc-leaves-coinbase
Institutional interest in Bitcoin continues. I guess it will never end. :) They consider even these price levels as buying.