Data suggests large institutions in the United States aggressively purchased BTC during the Bitcoin crash to the $94,000 mark.
Over the past 24 hours, the crypto market has witnessed significant turbulence, as rapid market fluctuations have led to substantial losses. However, amid the chaos, a class of investors appears have doubled down on their convictions.
While the crypto market was thrown into a brief panic as #Bitcoin experienced a sharp decline from the $97,000 price point to near $94,000, data suggests that institutional investors were aggressively buying.