Private/public companies, governments & ETFs/Funds have collectively doubled their holdings since January 2024. ๐Ÿ’โ€โ™‚๏ธ They went from ~โ‚ฟ1.5M to ~โ‚ฟ3M in ~16 months; approximately 100K #Bitcoin / #BTC bought per month. ๐Ÿคฏ image THEY ARE COMING FOR YOUR FUCKING COINS. ๐Ÿค™

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Def gonna check it out, but I intentionally filtered exchange balances out of this chart to illustrate "strictly institutional" holdings; exchange balances aren't a good metric for that since everything is lumped together (e.g. noobs not utilizing self-custody). ๐Ÿค™
It's only good for the #Bitcoin / #BTC gang that doesn't sell to them. ๐Ÿค™
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