Live Crypto Markets

HomeCrypto NewsHere’s who actually bought Bitcoin’s $90k crash and who rage-sold the bottom

Here’s who actually bought Bitcoin’s $90k crash and who rage-sold the bottom

-

“`json
{
“title”: “Institutional Investors Capitalize on Bitcoin’s $90K Correction While Retail Sells at Bottom”,
“content”: “During Bitcoin’s recent downturn below the $90,000 threshold, sophisticated institutional investors demonstrated strategic positioning by acquiring substantial positions. Investment firm Strategy purchased 8,178 BTC valued at $835.6 million, establishing an average entry price of $102,171 per Bitcoin. This acquisition occurred as the digital asset experienced significant price volatility, placing the firm’s position temporarily underwater.\n\nConcurrently, Harvard Management Company revealed a substantial increase in its Bitcoin exposure through its September 30 13F filing. The prestigious endowment reported holding 6.8 million shares of iShares Bitcoin Trust (IBIT) valued at $442.9 million, representing a threefold increase from the previous quarter. This position now stands as Harvard Management Company’s largest reported U.S. listed equity holding by market value.\n\nThe contrasting behavior between institutional accumulation and retail selling during market corrections highlights the divergent strategies employed by different market participants. While retail investors frequently liquidate positions during price declines, established financial entities demonstrated conviction in Bitcoin’s long-term value proposition by expanding exposure during the downturn. This institutional participation continues to mature cryptocurrency markets, bringing increased liquidity and sophisticated investment approaches to the digital asset space.”,
“tags”: [“Bitcoin Investment”, “Institutional Crypto”, “Market Correction”, “Cryptocurrency Strategy”, “Digital Assets”]
}
“`

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Mt. Gox Bitcoin Transfers Resurface as ETF Liquidations Outpace Distribution Volume

After an eight-month dormancy period, wallets associated with the defunct Mt. Gox exchange transferred approximately 10,600 Bitcoin on November 17, reminding markets that the estate...

Record $2.5 billion flees Bitcoin ETFs as BlackRock’s IBIT sheds $1.6 billion

```json { "title": "Bitcoin ETFs Experience Historic $2.57 Billion Outflow as Market Correction Intensifies", "content": "The United States spot Bitcoin exchange-traded fund market witnessed...

Machi Big Brother Leads Crypto Liquidations as Aster Protocol Launches ‘Machi Mode’ Rewards System

In a notable development within cryptocurrency markets, prominent trader Machi Big Brother has emerged as the dominant figure on liquidation leaderboards this month. Current data...

Kenya’s New Cryptocurrency Legislation Challenged by Unauthorized Bitcoin ATM Installations

Kenya's recently enacted Virtual Asset Service Provider (VASP) Act is facing immediate practical challenges as unlicensed Bitcoin automated teller machines emerge in commercial centers across...

Most Popular

spot_img