According to a recent tweet published by the CEO of the CryptoQuant analytics service, Ki Young Ju, institutional investors continue to acquire Bitcoin while the correction is dominating the market and Bitcoin holds in the $46,900 zone.
As per a recent tweet from the CryptoQuant analytics platform CEO, today, March 5, financial institutions have purchased $562,180,800 worth of Bitcoin (12,000 BTC) at an average price of $46,686 at Coinbase Pro, then withdrew that money to storage devices.
