Bitcoin Price Volatility Continues as Institutional Investors Accumulate

Bitcoin has shown significant price volatility in 2024, with institutional investors continuing to accumulate the asset. Despite a recent market correction, large investors are positioning themselves for long-term gains.

Key Insights

  • On December 21, approximately 79,000 BTC were sold in one week, leading to a 15% market correction.
  • Institutional players have added over 34,000 BTC in the last 30 days, indicating strong buying interest.
  • Retail demand has reached a five-year low, contrasting with sustained institutional interest.
  • Increased selling pressure on Binance has raised concerns, with Net Taker Volume peaking at -$325 million, the highest in 2025.
  • Current Bitcoin price is $95,586, down 5.2% in the last 24 hours and 11.8% from its all-time high of $108,000.

Market sentiment may be affected by broader economic indicators, emphasizing the need for careful monitoring of selling pressures.