🔥Institutions are buying the dip
BlackRock’s Robert Mitchnick says sovereign funds, banks, and institutions are accumulating Bitcoin during volatility.
IBIT saw only 0.2% net redemption during the recent drop — no evidence of large hedge fund liquidation.
Most liquidations happened in leveraged perpetual markets, not ETFs.
Long-term capital remains positioned in Bitcoin.🌟🌟
BTC
77,699.99
-0.22%
ETH
2,326.09
+0.02%
BNB
638
+0.06%