{"id":34149,"date":"2020-12-29T13:51:55","date_gmt":"2020-12-29T11:51:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34149"},"modified":"2025-08-28T17:18:56","modified_gmt":"2025-08-28T14:18:56","slug":"opinion-institutional-investors-push-bitcoin-to-new-highs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/opinion-institutional-investors-push-bitcoin-to-new-highs\/","title":{"rendered":"Opinion: Institutional investors push Bitcoin to new highs"},"content":{"rendered":"<p>Institutional investors are set to push Bitcoin to new highs. This will be aided by a reduction in selling pressure from miners and other major players, according to Ki Young Ju, head of the CryptoQuant analytics service.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> whales seem exhausted to sell. Fewer whales are depositing to exchanges.<\/p>\n<p>I think this bull-run will continue as institutional investors keep buying and Exchange Whale Ratio keeps below 85%.<\/p>\n<p>Chart \ud83d\udc49 <a href=\"https:\/\/t.co\/TLWRvP7pyZ\">https:\/\/t.co\/TLWRvP7pyZ<\/a> <a href=\"https:\/\/t.co\/goUmowVv2e\">pic.twitter.com\/goUmowVv2e<\/a><\/p>\n<p>\u2014 Ki Young Ju \uc8fc\uae30\uc601 (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1343533837943361536?ref_src=twsrc%5Etfw\">December 28, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert developed the Exchange Whale Ratio indicator. It measures the ratio of Bitcoin volumes sent to exchanges by whales to the analogous metric for retail investors. From December 8 to 22, amid the rally in the leading cryptocurrency, the indicator rose to 90% before dipping below 85%.<\/p>\n<p>According to Ki Young Ju, institutional investors account for 16% of Bitcoin&#8217;s realized market cap indicator.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">16% of the <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> realized market cap is now owned by institutional investors.<\/p>\n<p>\u2014 Realized Market Cap: $186 billion<br \/>\n\u2014 Grayscale AUM: $19 billion<br \/>\n\u2014 Institutions AUM: $30 billion (by <a href=\"https:\/\/twitter.com\/BTCtreasuries?ref_src=twsrc%5Etfw\">@BTCtreasuries<\/a>)<\/p>\n<p>Chart \ud83d\udc49 <a href=\"https:\/\/t.co\/jmwVAzV5K7\">https:\/\/t.co\/jmwVAzV5K7<\/a> <a href=\"https:\/\/t.co\/ABT284B2jc\">https:\/\/t.co\/ABT284B2jc<\/a> <a href=\"https:\/\/t.co\/KfygKFgflH\">pic.twitter.com\/KfygKFgflH<\/a><\/p>\n<p>\u2014 Ki Young Ju \uc8fc\uae30\uc601 (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1343799769227907072?ref_src=twsrc%5Etfw\">December 29, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the latest Glassnode report, long-term holders&#8217; addresses now hold 14.5% of Bitcoin&#8217;s total circulating supply. The share has been rising since 2019. Analysts believe this could set the stage for a liquidity crisis.<\/p>\n<div id=\"attachment_120915\" style=\"width: 1329px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-120915\" class=\"size-full wp-image-120915\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-December-29-2020-12_41-PM.png\" alt=\"\u041c\u043d\u0435\u043d\u0438\u0435: \u0431\u043b\u0430\u0433\u043e\u0434\u0430\u0440\u044f \u0438\u043d\u0441\u0442\u0438\u0442\u0443\u0446\u0438\u043e\u043d\u0430\u043b\u0430\u043c \u0446\u0435\u043d\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0434\u043e\u0441\u0442\u0438\u0433\u043d\u0435\u0442 \u043d\u043e\u0432\u044b\u0445 \u0432\u044b\u0441\u043e\u0442\" width=\"1319\" height=\"712\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-December-29-2020-12_41-PM.png 1319w, https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-December-29-2020-12_41-PM-300x162.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-December-29-2020-12_41-PM-1024x553.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-December-29-2020-12_41-PM-768x415.png 768w\" sizes=\"auto, (max-width: 1319px) 100vw, 1319px\" \/><\/p>\n<p id=\"caption-attachment-120915\" class=\"wp-caption-text\">Data: Glassnode.<\/p>\n<\/div>\n<p>In the latest Glassnode report, long-term holders&#8217; addresses now hold 14.5% of Bitcoin&#8217;s total circulating supply. The share has been rising since 2019. Analysts believe this could set the stage for a liquidity crisis.<\/p>\n<p>\u0420\u0430\u043d\u0435\u0435 \u0433\u043b\u0430\u0432\u0430 Pantera Capital \u0414\u044d\u043d\u0430 \u041c\u043e\u0440\u0445\u044d\u0434\u0430 \u0432\u044b\u0440\u0430\u0437\u0438\u043b \u043c\u043d\u0435\u043d\u0438\u0435, \u0447\u0442\u043e <a href=\"https:\/\/u1f987.com\/en\/news\/pantera-capital-ceo-bitcoin-rose-on-private-investor-demand\">private investor demand<\/a> drove Bitcoin to <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-breaks-through-the-28000-level\">new records<\/a>.<\/p>\n<p>Analyst Mika\u00ebl van de Poppe believes that <a href=\"https:\/\/u1f987.com\/en\/news\/analyst-the-next-impulse-could-push-bitcoin-above-40-000\">the price of the leading cryptocurrency could reach $40,000<\/a>. This will require a breakout above the $28,500 resistance.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Institutional investors are set to push Bitcoin to new highs. This will be aided by a reduction in selling pressure from miners and other major players, according to Ki Young Ju, head of the CryptoQuant analytics service.<\/p>\n","protected":false},"author":1,"featured_media":34150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1166,1273,1156],"class_list":["post-34149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-centralized-exchanges-cex","tag-glassnode","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34149"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34149\/revisions"}],"predecessor-version":[{"id":34151,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34149\/revisions\/34151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34150"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}