Bitcoin market sees 'institutional buying vs. whale selling' dynamic

While institutional investors are buying Bitcoin at a record pace, the selling pressure from existing holders like whales and miners is overwhelming this demand and pushing prices down, CoinDesk reported. According to the media outlet, large institutions such as ETFs and MicroStrategy absorbed approximately 94,000 BTC in March, the fastest rate of accumulation since October 2025. However, overall Bitcoin demand contracted for the month, showing a net outflow of 63,000 BTC. Large holders, or whales, have been aggressively distributing their assets, offloading about 188,000 BTC onto the market over the past year. Wallets holding between 1,000 and 10,000 BTC have shifted from being the biggest buyers, previously accumulating 200,000 BTC annually, to the biggest sellers, now disposing of 188,000 BTC per year. This represents a 400,000 BTC turnaround in their market stance in about 18 months.