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Are institutional funds "concentrating" on a single name??
According to a report from CryptoQuant, the Strategy has bought approximately 45,000 BTC in the past 30 days – the fastest accumulation rate in nearly a year.
📊 Key points:
Strategy currently accounts for about ~76% of total BTC demand from reserve companies
Meanwhile, other businesses are almost "standing aside":
Only bought about ~1,000 BTC in the recent 30 days, reducing their share to about ~2%
Number of purchases also dropped sharply from 54 to 13 times
WHAT DOES THIS INDICATE? (personal perspective)
- Institutional money is focusing intensely, no longer spreading out as before
- Market confidence is uneven
- Or other organizations are waiting for a clearer trend confirmation
📌 In summary: The current upward momentum of BTC seems heavily dependent on a "major player"
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