🪙 Who Is Buying BTC Now?



While retail investors are nervous amid the Middle East conflict, big money is entering BTC. Here's a 7-day report:

📊ETF funds $1.1 billion over 3 trading sessions

🔼American spot Bitcoin ETFs recorded $1.1 billion in net inflows. BlackRock IBIT accounted for 57% of the total volume.

⚡️Michael Saylor — $204 million

🔼On March 2, MicroStrategy purchased an additional 3,015 BTC for $204 million at an average price of $67 700 per coin.

🇦🇪Abu Dhabi Sovereign Funds — $1+ billion

🔼According to SEC 13F filings, Mubadala Investment Company holds 12.7 million BlackRock IBIT shares worth $630.7 million.

🐋Whales

🔼Large wallets with balances from 100,000 to 1,000,000 BTC increased their total holdings from 676,540 to 690,000 BTC in mid-February and have not sold since. Smaller whales (1,000–10,000 BTC) began accumulating at the end of February.

🐂This does not even include retail. Such purchases explain why Bitcoin has increased over the past week.

#btc
BTC-2,85%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin