CoinWorld news, on December 17, according to Cointelegraph citing data from Capriole Investments, institutional buying of Bitcoin has once again exceeded the new supply from miners, for the first time in six weeks. Data shows that current institutional daily buying pressure is about 13% higher than the number of newly mined Bitcoins, and institutional demand has continuously resulted in a net decrease in the circulating supply of Bitcoin over the past three days. Analysis indicates that this round of institutional replenishment occurred after Bitcoin's price fell over 30% from the historical high in October, suggesting that some institutions are re-accumulating positions during the market's pressure phase. Meanwhile, the cumulative net outflow from the US spot Bitcoin ETF has exceeded $600 million in the first two days of this week, indicating a divergence between short-term capital outflows and long-term institutional allocation.