Despite Bitcoin’s price hitting multi-month lows, large-scale investors are capitalizing on the dip by purchasing significant amounts of BTC.
Bitcoin institutional investors are taking advantage of the price dip, according to new analysis.
On July 11, on-chain analytics platform CryptoQuant reported that institutional investors have added 100,000 BTC to their holdings in just one week.
Institutional Buying: $5.7 Billion in a Week
Institutional investors are buying Bitcoin with more conviction now than when prices were near all-time highs. CryptoQuant contributor Cauê Oliveira analyzed wallet balances of entities holding between 1,000 and 10,000 BTC, indicating a significant increase in their holdings since early June. Despite Bitcoin’s price falling by up to 23% during this period, these investors have continued to buy, accumulating over 100,000 BTC ($5.7 billion).
“While many novice investors capitulated last week, particularly those who bought Bitcoin 1-3 months ago, institutional players made their largest accumulation since March,” Oliveira noted.
The 30-day rolling balance change of these institutional wallets now matches the inflows seen during the peak interest in U.S. spot Bitcoin exchange–traded funds (ETFs) in March. However, unlike March, when the demand was tied to fundraising, the current buying appears to be genuine “buying the dip” behavior by large investors.
While March’s daily inflows topped $1 billion, current daily purchases are smaller but still substantial. Data from sources like the UK-based investment firm Farside Investors shows around $79 million in Bitcoin bought on July 11, with July 8 seeing $294 million — the highest in a month.
This trend indicates strong institutional confidence in Bitcoin’s long-term value despite recent price volatility.
Summary Review: The recent behavior of institutional investors suggests a strong belief in Bitcoin’s long-term potential. Despite the current dip in BTC prices, these large-scale investors have shown confidence by accumulating significant amounts of Bitcoin. The 100,000 BTC added to their holdings within a week, amounting to $5.7 billion, underscores their commitment to the asset. This buying trend highlights a sharp contrast to the actions of novice investors, who have been more likely to sell during price drops. As institutional players continue to “buy the dip,” it reinforces the idea that they see the current market conditions as an opportunity rather than a setback.
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
