Bitcoin News

Story: Institutional Bitcoin Buying Drops Below Mining Supply for First Time in Seven Months

By MikeT

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Institutional Demand Slips Under Mining Supply. According to new data shared by Charles Edwards, founder of Capriole Investments, net…

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Corporate and ETF Demand Weakens. Edwards’ analysis categorized institutional Bitcoin demand into three primary streams: corporate…

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Chart Signals Bearish Turn. In Edwards’ chart, institutional buying pressure is illustrated using color-coded bars—green…

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Whale Movements Add to Selling Pressure. Adding to the bearish picture, on-chain analytics firm Lookonchain reported increased selling…

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What the Decline Could Mean for Bitcoin. The fall in institutional Bitcoin demand below the daily mining supply could have short-term…

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Outlook: A Temporary Slowdown or Early Warning?. While some traders interpret the data as a red flag, others see it as part of a healthy market…

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Institutional Bitcoin buying has declined below the daily mining issuance for the first time in seven months, signaling a potential shift in market momentum.

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According to new data shared by Charles Edwards, founder of Capriole Investments, net institutional Bitcoin purchases have fallen below the number of new coins produced by miners…

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“Won’t lie, this was the main metric keeping me bullish the last months while every other asset outperformed Bitcoin. Not good,” Edwards wrote on X (formerly Twitter).

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The data reveals that the balance between new Bitcoin entering circulation and institutional absorption has flipped negative.

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Edwards’ analysis categorized institutional Bitcoin demand into three primary streams: corporate treasury purchases, spot ETF inflows, and mining activity.

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Initially, strong demand from U.S. spot Bitcoin ETFs offset the reduction in corporate buying.

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This trend reversal marks a notable shift from earlier this year when consistent institutional inflows—especially through ETFs—helped stabilize Bitcoin above key price levels.

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In Edwards’ chart, institutional buying pressure is illustrated using color-coded bars—green indicating buying and red representing selling.

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While Edwards cautioned that this shift does not necessarily determine Bitcoin’s long-term outlook, he emphasized that the short-term trend points toward structural weakness.

The Currency Analytics

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