Interesting to see that the Bitcoin buying strategy for this quarter is still ongoing despite the price dropping. I read several crypto news outlets discussing this, and it turns out there is an interesting pattern behind the institutions' decision to continue accumulating. Bounty is a form of incentive often used in the crypto industry to encourage participation, but here it’s more about long-term strategy. The current BTC price is at $73.13K with a positive movement of 0.44% in the last 24 hours. So even with price pressure, major players seem to see this as an opportunity to increase their positions. The Bitcoin buying strategy this quarter is the second-largest of the year, indicating confidence in this asset. Bounty is a concept frequently seen in the crypto ecosystem, and it might also motivate retail investors to join in the accumulation. So basically, even though BTC is down, the accumulation momentum remains strong.

BTC-2.88%
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