Bitcoin’s price has been on a roller coaster this week, erasing almost all of its 2021’s gain. Yet, according to on-chain data, institutions have continued their purchases of bitcoin and bid massively on bitcoin treasury bills despite the volatility and near-term bearish market sentiment.
Data shows the number of addresses with 2,000 or more bitcoin (often referred to as “whales” is on the increase this week while bitcoin’s price dropped, dipping below $30,000 on Thursday. The count of such addresses dropped in late December and has spiked again since the beginning of 2021.
As well, the number of the total bitcoin transactions from various wallets to bitcoin treasury bills remains high, according to recent data from blockchain analytics firm. However, the ratio of bitcoin transfers involving all exchanges to all bitcoins transfers network-wide has not gone up, indicating that most transactions were done through over-the-counter (OTC) deals, a preferred approach by institutional investors.
Bitcoin 
Ethereum 
Bitcoin Cash 
Stellar
Bitcoin is making a tortoise move #sad
Ethereum is going up
Once it crosses $1500 mark there is no stopping it
Bitcoin treasury bills is a blessing to mankind!
Very reliable
Whales just hold half of their bitcoin portfolio and bid half on btbills
Bitcoin dip Gat nothing on bitcoin treasury bills
Very satisfying to hear
Atleast we now know that bitcoin treasury bills is not going anywhere
35days bid was discounted at 10% last week and 8% today
One word
Masterpiece!!!!
Just grabbed the 8% discount rate on 35days bid, bitcoin is crazy
Who knows bitcoins strong support cos I believe once it hits 25k we crash down to earth
Bitcoin treasury bills keeps making billionaires am impressed
I noticed that as bitcoin increases, discount rate increases too
Bitcoin treasury bills is the new plug
Bitcoin is doing the normal thing which is stabilizing and finding its grounds after the uptrend