Institutional Bitcoin investors may liquidate portions of holdings, challenging the assumption they never sell, says crypto advocate Michael Terpin.
Crypto investor Michael Terpin argues that institutional Bitcoin holders are not the “never sell” entities many market participants assume. The focus should shift from whether they sell to the scale of potential liquidations, he said.
The narrative that large Bitcoin holders retain assets indefinitely has been a cornerstone of long-term bullish sentiment. However, recent market volatility and macroeconomic pressures have raised questions about institutional behavior, particularly amid rising interest rates and liquidity concerns.
Terpin’s comments suggest a potential shift in market dynamics, as institutional selling could introduce new supply pressures on Bitcoin prices.