Major asset manager's chief executive revealed that sovereign wealth funds have been accumulating Bitcoin positions. According to his statement, these institutional players increased their BTC purchases when prices were trading in the 80k range. This marks another significant signal of institutional adoption in the crypto market.

BTC-2.05%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
DefiPlaybookvip
· 12-05 02:56
It is worth noting that the accumulation activities of sovereign wealth funds at the 80,000 price level essentially reflect a structural shift in institutional risk appetite—according to on-chain data and institutional holdings reports, such large-scale purchases typically signal a turning point in the market sentiment cycle.
View OriginalReply0
ContractBugHuntervip
· 12-05 02:54
Sovereign wealth funds were quietly buying when it was at 80,000—these are the real institutional players.
View OriginalReply0
ETH_Maxi_Taxivip
· 12-05 02:51
Uh, isn't this about Ethereum? Why is it about Bitcoin again?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)