The battle for Bitcoin’s 76,000 mark! Giant whales are frantically "sweeping goods", Strategy spends US$2.54 billion to increase positions

On-chain data shows that institutions are accelerating their entry into the market - Morgan Stanley ETF purchased 215 BTC 4 hours ago, worth US$16.43 million. The BlackRock ETF withdrew 3,372 BTC (worth $255.86 million) from Coinbase in the past 8 hours. In just a few hours, the two major asset management giants increased their holdings by a total of US$270 million.
The bigger institutional move comes from Strategy. Strategy announced on Monday that it purchased 34,164 Bitcoins for approximately US$2.54 billion between April 13 and 19, with an average purchase price of US$74,395 per coin. This is the company’s largest single-week Bitcoin acquisition since November 2024. This acquisition increased Strategy’s total holdings to 815,061 Bitcoins, with a cumulative investment of approximately US$61.56 billion.