In the wake of last week's market turbulence, institutional investors have reportedly been accumulating Bitcoin at the highest rate since March. This trend was particularly noticeable among coins purchased between 1 and 3 months ago, suggesting a strategic "buy the dip" approach by major players.

The early months of Bitcoin ETFs saw a significant accumulation by institutions, although a substantial portion of this was attributed to the funds issuing the ETFs themselves. However, last week's accumulation of approximately 101.6 thousand BTC was marked by a notable decrease in ETF fundraising and falling prices.

This shift in behavior could indicate a more genuine accumulation process, as opposed to the fundraising-driven demand observed in March. The resilience and strategic buying displayed by institutional investors amidst market volatility bodes well for the overall health and maturity of the cryptocurrency market.