Bitcoin has witnessed notable price fluctuations in 2025. Amid these mixed signals, institutional investors demonstrate enduring confidence. Recent analysis by CryptoQuant’s contributor, caueconomy, reveals that these players are strategically amassing Bitcoin, highlighting their long-term belief in its potential.
On December 21, institutional investors sold around 79,000 BTC, resulting in a market correction of approximately 15%. This sell-off marked a temporary peak, followed by a period of price stabilization. Instead of retreating, major investors capitalized on the decline.
They employed Time-Weighted Average Price (TWAP) positions to accumulate Bitcoin just below $95,000.
Over the last month, these institutional players have acquired over 34,000 BTC, generating buying pressure conducive to Bitcoin’s current recovery. Interestingly, this pattern has persisted since June 2023, even as institutional portfolios experienced some rebalancing.
While retail investor demand is at a five-year low, institutional enthusiasm remains robust, underscoring a division between retail and institutional investor activity. This steady accumulation indicates expectations of long-term value by significant market players.
However, concern arises as increased selling activity is noted on Binance, a leading cryptocurrency exchange. Another CryptoQuant analyst, Darkfost, reports a surge in hourly Net Taker Volume, which recently turned sharply negative, reaching a peak at -$325 million, the highest figure recorded in 2025.
This spike in selling pressure coincided with disappointing economic data from the ISM PMI and JOLTs Job Openings reports, affecting sentiment across risk assets, including cryptocurrencies. The data prompted a wave of sell orders, exerting additional pressure on Bitcoin’s price.
Monitoring indicators will be crucial to discern whether fear is becoming a dominant market sentiment or if it’s a temporary phase. Despite increased selling, Bitcoin remains supported above $95,000. Currently trading at $95,586, it shows a 5.2% decline over the past day.