Institutional investors have scooped up 34,000 Bitcoin, worth around $3.2 billion, following a December sell-off that saw BTC’s price drop from its $108,000 peak, according to Blocktrends analyst Cauê Oliveira. After shedding 79,000 BTC post-peak, wallets holding 1,000–10,000 BTC began reaccumulating below $95,000, fueling a recovery.
Bitcoin’s sell-side liquidity is shrinking, and analysts suggest the worst of the downward pressure has passed. Market experts predict a bullish 2025, driven by pro-crypto policies under U.S. President-elect Donald Trump and potential nation-state Bitcoin adoption. Some forecasts suggest BTC could reach $150,000 to $400,000 if a U.S. Bitcoin reserve materializes.