🔥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
68,957.84
+7.71%
ETH
2,073.33
+12.11%
BNB
630.62
+7.85%