Major Bitcoin Accumulation Signals Strategic Moves by Institutions
In a significant development, a wallet associated with Abraxas Capital has withdrawn 2,949 BTC (approx. $250 million) from exchanges over the past four days, including 505 BTC ($42.6M) from Binance just hours ago.
This trend highlights a growing institutional interest in accumulating Bitcoin, rather than selling.
Additionally, major players like Michael Saylor and BlackRock continue to buy BTC aggressively during market dips. Such consistent accumulation indicates a long-term strategic outlook and raises the question — do these institutions foresee something retail investors might not yet grasp?
As smart money moves silently, it may be time for retail investors to stay alert and informed.
