In the market turmoil, two major institutions, MicroStrategy and BlackRock, bought $2.1 billion and $296 million of Bitcoin respectively, while retail investors were panic selling. BlackRock's holdings increased to 527,000 BTC, and recently transferred more than 100,000 BTC to 29 addresses without selling, showing its risk diversification strategy.

This series of operations suggests that when the price of Bitcoin soars, institutions may transfer Bitcoin to retail investors again. Investors should remain calm and pay attention to market dynamics.