Institutions Keep Buying BTC and ETH as Capital Flees Smaller Altcoins
- —Bitmine's Ethereum holdings reached 6,001,302 ETH, roughly 4.9% of total supply
- —Strategy bought 1,666 BTC for $138 million at an average price of $85,681
- —34,123 BTC worth $2.8 billion were withdrawn from exchanges over seven days
- —Inflows of small altcoins to exchanges hit the highest since October 2025
Why it matters: Capital is concentrating in BTC and ETH, and altcoin selling could widen their underperformance versus major assets.
Source: Digital Today