Bitcoin Demand Contracts as Whales Sell 188,000 BTC Amid Institutional Buying

Bitcoin demand is contracting despite near-record institutional accumulation.

“Five data sources say the same thing about bitcoin market”

@coindesk

Large holders and retail investors sold roughly 157,000 BTC while institutions bought 94,000 BTC.

@coindesk

Whales shifted from buyers to sellers and distributed approximately 188,000 BTC over the past year.

Bitcoin traded around $67,000–$68,000, roughly 21% above the weighted average cost.

Institutions continued to buy at near-record pace, absorbing about 94,000 BTC in March.

Retail, whales, miners, and funds sold approximately 157,000 BTC.

bloomingbit

The Coinbase Premium turned negative again, indicating US-based demand weakened.

The Fear & Greed Index hovered in extreme fear at 8 to 14.

Bitcoin has declined roughly 47% from its October 2025 all-time high.

“Bitcoin demand remains under pressure even as institutional buying picks up, suggesting the broader market is still selling the token”

Bloomberg

Supply in profit dropped to 56.9% while 43% of total supply was underwater.

Bitfinex reported that the supply of newly created BTC is vastly outstripped by buyers' demand.

Morgan Stanley’s upcoming low-fee IBIT could provide additional institutional firepower.