Coinbase's institutional Bitcoin trading volume has reached a significant milestone, accounting for 75% of total activity on the platform. Historical data suggests this level of institutional participation has consistently preceded BTC price increases within a week. The surge comes as institutional buyers acquire Bitcoin at a rate 【600%】 higher than daily mining production.
Charles Edwards of Capriole Investments revealed corporate treasuries added 【810 BTC】 on Tuesday alone, following nearly 【3,000 BTC】 purchased Monday. ——This demand surge coincides with cooling US inflation data and growing expectations of Federal Reserve rate cuts——. Market indicators now show a 94% probability of at least a 0.25% rate reduction at September's FOMC meeting.
The July Consumer Price Index report met expectations, reinforcing market confidence in forthcoming monetary policy easing. Trading firm QCP Capital notes the terminal rate appears anchored at 3%, with 【60 basis points】 of cuts anticipated for 2025. This dovish outlook has historically benefited risk assets like Bitcoin, which demonstrates amplified sensitivity to liquidity conditions.
Analysis of Coinbase's order flow shows institutional participation crossing the 75% threshold has reliably signaled impending price appreciation. The current demand-supply imbalance exceeds previous instances, with daily institutional buying surpassing new BTC supply by a factor of six. Market participants now await potential catalysts from next week's Jackson Hole economic symposium.
Ethereum has simultaneously reached multi-year highs, with BitMine reportedly planning a 【$20 billion】 ETH fundraising initiative. The synchronous strength across major cryptocurrencies suggests a broad-based institutional reallocation into digital assets amid changing macroeconomic conditions.
——Market observers note Bitcoin's historical tendency to lead risk asset rallies during periods of monetary easing——. With Fed policy expectations shifting decisively dovish and institutional demand hitting record levels, technical and fundamental factors appear aligned for potential BTC price appreciation.