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🐋 Large whales continue to increase positions in $BTC.
Despite the fact that the asset is at fairly high values of -0, institutional investors still continue to buy the asset. Norges Bank Investment Management (a division of the Central Bank of Norway) increased its Bitcoin exposure by 83% for the second quarter of 2025 - from 6,200 to 11,400 BTC (through company shares). NBIM is a Norwegian sovereign wealth fund with assets under management (AUM) = $1,700,000,000,000+.
BTC on exchanges is becoming less and less, as is ETH. The total balance of Ethereum on exchanges fell to a 9-year low.