Why are institutions buying, whales buying, US stocks reaching new highs, but the price of Bitcoin not rising?
According to CryptoQuant data, the number of bitcoins purchased by listed companies' "digital asset vaults" plummeted from 64,000 in July to 12,600 in August, and only 15,500 so far in September. Compared to the buying spree in early summer, purchases in September have plummeted by 76%.
According to CryptoQuant data, the number of bitcoins purchased by listed companies' "digital asset vaults" plummeted from 64,000 in July to 12,600 in August, and only 15,500 so far in September. Compared to the buying spree in early summer, purchases in September have plummeted by 76%.
BTC1.33%