Golden Finance reports that CryptoQuant analysts state that around December 21, 2024, institutional investors sold approximately 79,000 bitcoins in one week, leading to a 15% market correction. However, large institutions subsequently took advantage of the market consolidation period, continuously buying below $95,000 using a time-weighted average price (TWAP) strategy. Over the past 30 days, institutional investors have accumulated over 34,000 bitcoins, providing buying support for the recent rebound in bitcoin. Although there have been adjustment periods in institutional portfolios, the trend of on-chain bitcoin accumulation has been evident since June 2023. This indicates that, while retail demand is at a five-year low, institutional investors' interest in bitcoin remains high.