Sentiment: Positive
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Wintermute Says Long-Term Funds Are Buying Bitcoin in OTC Tranches as ETFs Bleed
By Kelvin Munene at 2026-06-02 11:32
Sentiment: Positive
TLDR Wintermute says long-term funds are buying BTC in staggered OTC tranches. NS3.AI reported about $2B in outflows from Bitcoin and Ethereum ETFs. Wintermute placed key BTC downside support around $60K to $65K. Institutions absorbed 1.63M BTC since ETF launch while 435K BTC was mined. Institutional holdings reached 2.56M BTC, or 12.7% of circulating supply. [...] The post Wintermute Says Long-Term Funds Are Buying Bitcoin in OTC Tranches as ETFs Bleed appeared first on CoinCentral. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Bitcoin in OTC Tranches #Wintermute
Source Coin Central