Increasing Institutional Demand Driving Bitcoin Price Higher as TradFi Investors Accumulate Over 100K BTC in Past Week

• Traditional finance (TradFi) investors are accumulating over 6,000 BTC per day, totaling over 103,000 BTC in the past week according to CryptoQuant CEO Ki Young Ju

• Young Ju predicts Bitcoin will see a "sell-side liquidity crisis" this year due to increasing institutional demand

• Fresh capital from Bitcoin spot ETFs (excluding Grayscale) has seen 95% monthly growth, and could surpass a couple million BTC in holdings this year

• Exchanges, miners, and related entities currently hold about 3 million BTC

• Bitcoin is trading around $66,000, up nearly 4% over the past 24 hours