Major Investors are Starting to Buy Bitcoin: Is a Rise Near?

The recent fluctuations in the markets, particularly the drop in Bitcoin's price to 98,000 dollars, have caught the attention of investors. During this process, the increase in the appetite of large investors for buying has created an unexpected picture. FxPro analyst Alex Kuptsikevich pointed out the potential attempts to form a market bottom, noting that every recovery process has faced severe sell-offs.

According to Kuptsikevich, this situation indicates that the market is in an 'intermediate-term correction' phase; however, it does not signal the disruption of the current cycle. After Bitcoin rose to 102,500 dollars the day before, its decline back to 98,000 dollars triggered a new wave of 'realized losses' among large wallets. However, on-chain data shows that these sales are being quickly absorbed by new investors.

Notably, Sygnum's recent institutional survey revealed that 61% of institutions plan to increase their crypto assets before the anticipated altcoin ETF decisions and other regulations set for 2026. Major institutional flows also provide significant support for Bitcoin. For example, one of the largest public Bitcoin buyers, Strategy, added 487 Bitcoins last week at a cost of 102,557 dollars, raising its total holdings to 641,692 Bitcoins.

Additionally, the decline in Ethereum reserves on exchanges to the lowest level since May 2024 is being interpreted as a positive signal in the medium term. Such declines typically indicate accumulation phases rather than distribution phases, attracting the attention of investors.

In conclusion, during this turbulent period in the crypto market, the movements of large investors provide important indicators regarding short-term bottom formations and upward potential. It seems crucial for investors to carefully monitor developments at critical levels such as 98,000 dollars and 102,500 dollars and to keep track of market dynamics.