đ Are Whales & Institutions Still Bullish on #Bitcoin? đ
đ Market Data Says Yes:
âą #Coinbase Premium Index positive since April
â U.S. institutions + whales still buying faster than retail.
âą Spot $BTC ETFs (BlackRock, Fidelity, etc.) driving inflows directly into Coinbase custody.
âą #Fed Rate Cut sparked derivatives activity â Binance BTC open interest âČ4.7% to $13.4B in 24h.
⥠Why It Matters:
Lower rates = more risk appetite. Steady ETF inflows + rising open interest = institutional traders positioning for upside.
đĄ Big Picture:
Bitcoin holds 57.1% market dominance ($4.04T cap). Institutional support is strong â whether it breaks resistance next depends on how the market digests the Fedâs path.