Part 3/13:
Market Indicators and Institutional Adoption
Gross trading volumes in popular exchanges reveal unusual activity: over a billion dollars traded with virtually no change in Bitcoin supply. This suggests market maker strategies, where liquidity providers facilitate trades without actual net inflow or outflow of Bitcoin, creating a 'wash trading' environment that maintains price levels.
Furthermore, the growing involvement of institutional players, such as insurance companies and large asset managers, signals increasing mainstream acceptance: