CryptoQuant: Institutional Bitcoin Holdings Rise 7.2% to 1.370M BTC as ETH Sees Outflows
On Friday, May 8, CryptoQuant data highlighted diverging institutional flows between Bitcoin and Ethereum. Since February, institutional Bitcoin holdings rose by about 92,000 BTC, lifting totals from roughly 1.278 million BTC to 1.370 million BTC (+7.2%). Over the same period, institutional Ethereum holdings fell from about 5.93 million ETH to 5.80 million ETH, implying withdrawals of more than 127,000 ETH (about -2.1%).