Institutional Bitcoin Buying Drops Below Mining Supply

Net Bitcoin purchases by institutional investors have fallen below the daily issuance rate (mining supply) for the first time in seven months. According to a crypto investment analyst, this signals a concerning shift in market dynamics. On Monday, Charles Edwards, head of Capriole Investments, shared the stark data on his X account. Expressing immediate concern, Edwards stated, “Won’t lie, this was the main metric keeping me bullish the last months while every other asset outperformed Bitcoin source: https://beincrypto.com/institutional-bitcoin-buying-drops-below-mining-supply/