Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings. One thing they’re unlikely to do is announce their intention beforehand.That could drive up the price of the digital asset they are trying to buy.
Thus, there’s often a lag between a large institution’s action — purchasing $100 million in Bitcoin, say — and its
Read more on cointelegraph.com