Bitcoin institutions are buying more BTC than miners are adding to the supply, signaling a potential price bull run. Institutions have been net buyers for eight consecutive days, resulting in a 76% increase in BTC purchases compared to mined supply. This trend has historically led to an average price increase of 110% since 2020.

Capriole Investments data shows that major corporate players are once again interested in BTC exposure after a period of uncertainty. Net institutional buying has exceeded mined supply by 76%, with eight consecutive days of strong demand. This trend indicates positive price movement for BTC in the near future.

Network economist Timothy Peterson predicts a potential comeback for BTC, with history favoring a return above $100,000 this month. Despite recent declines, previous instances of three consecutive monthly losses have resulted in positive price movement one month later. Peterson calculates an average gain of 15% based on historical data.

Read more at Cointelegraph: Institutional Bitcoin Buys Exceed Mined Supply by 76%