BTC Treasury Demand Shows Signs of Weakening, CryptoQuant Issues Warning
Despite record bitcoin treasury holdings, the sharp drop in average purchase size signals weakening institutional appetite, as Taiwan's Sora Ventures prepares a $1 billion BTC Treasury fund.
The demand for BTC treasury holdings is displaying signs of weakening, according to a recent alert issued by CryptoQuant. Despite the record levels of bitcoin in treasury reserves, the notable decrease in average purchase size indicates a declining institutional appetite for the leading cryptocurrency.
Moreover, the cautionary note comes in light of Taiwan's Sora Ventures gearing up to launch a substantial $1 billion BTC Treasury fund, aiming to bolster their crypto investments.
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