Bitcoin Institutional Trading Volume on Coinbase Reaches 75%, Strong Institutional Demand
BlockBeats News, August 13th, Charles Edwards, founder of the crypto quant digital asset fund Capriole Investments, stated that Coinbase has seen a significant outflow of institutional funds. With US inflation cooling down and the market expecting a rate cut next month, Bitcoin has once again become the target of institutional investors. Capriole data shows that this Tuesday, 75% of the volume on Coinbase came from institutional investors. "Every reading above 75% has resulted in a higher price one week later."
Capriole estimates that this week, institutional "excess demand" is about 600% of the daily output, while the current daily Bitcoin production is around 450 coins. Just on Tuesday, Bitcoin corporate treasuries added 810 BTC, and Monday's accumulation was even larger, close to 3,000 BTC. These actions come amid July's US Consumer Price Index (CPI) data coming in below expectations and Bitcoin's price making a push towards its all-time high.
When asked why institutional investors are "buying frantically," Edwards specifically pointed to expectations regarding interest rates: "Because yesterday's inflation data met expectations, this means the Fed is almost certain to cut interest rates next month and may cut rates three times this year. Given the poor employment background, the market is even assessing the possibility of a significant 0.5% rate cut. Downward rates = rise in risk assets, and Bitcoin has always been the fastest horse."
You may also like
Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal
Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market
Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...
Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin
TRON revitalizes the image of the bull, creating a more approachable brand character
Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?
The foundation retreats, Ethlabs steps forward: Ethereum welcomes its largest restructuring in history
NYSE Parent ICE and OKX Launch Joint Venture: What It Means for Tokenized Stocks
ICE and OKX have announced a joint venture focused on tokenized stocks, but stock futures are already live across crypto markets. Here's what the partnership means, how stock futures work, and why traders are paying attention.
How to Trade Apple and Nvidia on a Crypto Exchange in 2026 (Without Buying Shares)
Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week
Kalshi's biggest competitor is not Polymarket
The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain
B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure
A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value
The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield
Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money
On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market
WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro
Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal
Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market
Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...
Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin
TRON revitalizes the image of the bull, creating a more approachable brand character
Will the STRC issuance price discussed with ChatGPT really fall into a death spiral?
