CoinShares: Institutions Maintain Stable Positions Amid 23% Bitcoin Pullback

According to ME News, on March 5th (UTC+8), CoinShares stated that despite a roughly 23% drop in Bitcoin's price from its all-time high of nearly $125,000 in early October, institutional investors have maintained a stable holding strategy. CoinShares analyst Matt Kimmell noted that professional investors have only slightly reduced their holdings, while long-term investors such as pension funds and sovereign wealth funds continue to "quietly increase" their positions. The report also pointed out that global Bitcoin ETF inflows remain positive, indicating that the fourth-quarter sell-off was more due to profit-taking by long-term holders than the withdrawal of new institutional funds. (Coindesk) (Source: ME)