Bitcoin (BTC) market is splitting in two. Here's who is buying and selling amid the war
CoinDesk
The bitcoin market is currently divided between mandated institutional buyers supporting the price and discretionary investors who are actively selling their holdings.Summary
The bitcoin market has split into two distinct factions during recent geopolitical tensions: institutional buyers, such as Strategy and spot ETFs, who continue to accumulate based on structural business models, and a broader group of discretionary sellers including whales, mid-tier holders, and miners who are exiting positions. While mandated buyers have effectively set a price floor near $65,000 despite intense market fear, the overall buyer base is narrowing. Recent ceasefire announcements have spurred short-term rallies and increased U.S. demand, but the sustainability of the current market trend depends on whether these institutional flows can overcome established resistance levels.
(Source：CoinDesk)