Bitcoin whales show resilience as they continue to acquire BTC despite recent market downturns. In just eight hours, six new wallets amassed a total of 1,110 BTC from Binance, valued at approximately $107.7 million. This behavior suggests confidence among major market participants.
Simultaneously, institutional interest in Bitcoin remains potent, as evidenced by substantial inflows into Bitcoin spot ETFs. These investment vehicles experienced record-breaking net inflows totaling $3.38 billion between November 18 and November 24. This surge highlights growing interest and trust from institutional investors amidst price fluctuations.
