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Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market?

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Institutions Pile Into Bitcoin As Retail Sellsβ€”A Bullish Signal For The Market?

What are your thoughts on this topic? The article expressly states that miners and exchanges are excluded from the statistics. But I wonder how Blackrock & Co are considered in this analysis. Is it possible that Retail is only buying ETF BTC instead of actual BTC? Hence, do growing whale accounts include retail?

submitted by /u/wwriba
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