This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
US institutions’ average cost basis is around 90,000 USD per #Bitcoin.
It would be strange if we began a bear market and they had to hold the bags for retail.
It could happen, nothing is guaranteed.