institutional investments
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#HODLing: BTC Ownership On the Rise
On March 26, according to Glassnode data, the number of BTCs that have been held (HODLed) or lost reached 7668985.518, a five-year high.
Data: The number of HODLed or lost BTCs rea -
Lookonchain: The rise of Bitcoin and Ethereum may be related to the investment of 1.6 billion dollars by institutional funds
It is reported that Lookonchain posted on social media that Bitcoin and Ethereum rose today. The data on the chain showed that several funds/institutions have invested nearly 1.6 billion dollars in the encryption market since February 10. During this period, the funds/institutions withdrew 1.6 billion dollars of USDC from Circle, but only deposited about 200 million dollars of USDC, The analysis shows that institutional investors did not stop injecting capital into the encryption market because of the decline of Bitcoin and Ethereum in the early stage. Interpretation of this information:…
