Part 6/12:
Interestingly, the activity isn’t limited to whales. The withdrawal of large amounts of Bitcoin from exchanges—sometimes over 4,000 coins in a single day—further constrains available supply, hinting at a deliberate move to support higher prices.
Institutional and Corporate Involvement
Institutions continue to pile into Bitcoin, with notable firms like High Tower and South State Bank increasing their holdings via ETFs and direct investments. For instance, High Tower reportedly owns $70 million worth of Bitcoin ETFs, while South State Bank has incorporated Bitcoin holdings into its filings, signaling institutional validation.