From Cointelegraph: 2024-07-06 03:58:59

BTC selling volumes from nation states are minimal during the current bull market, according to CryptoQuant’s Ki Young Ju. This suggests that institutional investors are holding onto their Bitcoin holdings rather than selling off, a positive sign for the cryptocurrency market. Bitcoin continues to attract interest from large investors despite fluctuations in price, indicating confidence in its long-term potential.

Read more at Cointelegraph: Bitcoin sales by gov’ts just 4% of $225B bull market inflows — Analyst