Institutional appetite rises by $ 35 billion to encryption assets – a large gathering in the foreground? – Tradingvief news

The encryption market has recorded a huge batch in recent weeks, led by huge institutional flows. Bitcoin (BTC) leads the package where bulls reinforce positions before another upward swing. Meanwhile, Altcoins also attracted the demand, prompting the total market value.

Whale encrypt

The data on the series show an increase in investment in the past three weeks after the White House stopped on the rural customs duties. The encryption enthusiasts Ali Martinez wrote to X that the total market flows exceeded 35 billion dollars, indicating a new wave of growth. This comes after flat movements from most of the encryption assets, which is confirmed by a decline in the price.

In the same period, the encryption boxes for external flows to record billions in new flows turned. Last week, merchants saw $ 882 million a flow that takes the total annual numbers of more than $ 6.7 billion. An important landmark was the Bitcoin Etfs spot that accumulates more than $ 62.9 billion since the approval of the United States. This money has reshaped institutional domination of encryption assets.

“Bitcoin dominates flows and attracts $ 867 million worldwide last week. It has also reached a new teacher, where the investment funds circulated in the United States recorded net cumulative flows of $ 62.9 billion since its launch in January 2024, exceeding the highest previous level of $ 61.6 billion in early February, ” Coinshares books.

The encryption whales have also become a huge ascending on Bitcoin with modern purchases and central exchanges of exchange. During the past month, the whale whale balances fell from $ 5 billion to 3 billion dollars. On the other hand, retail sizes rose, while merchants doubling the profits. Darkfrost Digital analyst explained that this shift in feelings indicates Bulls’s expectations towards the market.

BTC traders project prices jumped

The bulls put their scenes on a new price after Bitcoin regained a sign of $ 100,000, which had a permanent impact on Altcoin prices. This depends on a positive look from the global institutional players and the market. On May 14, Standard Charterd announced a partnership with the Crypto Prime Falconx broker to integrate the banking infrastructure.

Main partnerships fuel institutional demand, attract more capital. On the other hand, encryption prices record great growth, especially Bitcoin and Top Altcoins. The direction of the market can be measured using BTC reserves. Data on the series show that miners have stopped the asset sales since the last price increased. For all Glassnode data, the mining workers’ governor held 1794330 on May 13. Most of the market analysts saw that this is a very emerging sign on the original.