Institutional inflows into Bitcoin (BTC) have sharply increased with 128,000 BTC in ETF netflows over a month, marking the highest since early 2024. This indicates increasing confidence among large investors.
Transaction counts of lower-value transactions have dropped, while higher-value transactions have risen, suggesting whales are driving the market. This shift aligns with long-term investment strategies among institutions.
The Bitcoin NVT ratio surged to 824, pointing to potential overvaluation in the short term. However, strong accumulation trends among institutional players might mitigate immediate concerns about market overheating.
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