Coinbase recorded its highest daily Bitcoin outflow of 9,739 BTC, valued over $1 billion, on May 13, 2025. This significant withdrawal highlights a surge in institutional demand for Bitcoin, especially following the recent easing of tariffs between the US and China, which enhanced market sentiment. André Dragosch, head of European research at Bitwise, emphasized that corporate investments in Bitcoin have reached four times that of US spot Bitcoin ETFs this year, totaling nearly 200,000 BTC, equivalent to the annual supply of newly mined Bitcoin. The increase in corporate uptake might lead to a diminishing supply of Bitcoin available on exchanges, which could contribute to potential price rallies. While Dragosch remains optimistic about Bitcoin's future, he recognizes the possibility of short-term market corrections due to overheated investor sentiment.

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