On May 9, Coinbase recorded the highest daily Bitcoin outflow of 9,739 BTC, valued at over $1 billion, signaling increasing institutional investment. Analysts are observing a growing appetite for Bitcoin among corporations. This significant outflow coincided with Bitcoin trading above $103,600, shortly after the U.S. and China agreed to a 90-day reduction in tariffs, boosting market sentiment. André Dragosch, from Bitwise, highlighted that corporations in 2025 have purchased four times more Bitcoin than all U.S. spot Bitcoin ETFs combined, nearing an annual supply cap of newly minted Bitcoin at 200,000 BTC. Although the market may face short-term corrections, Dragosch remains optimistic about the remainder of 2025, indicating a potential supply shock due to decreasing availability on exchanges and sustained demand from large investors, who have accumulated a record 14 million BTC. This trend points towards a significant price appreciation as buyer demand grows amidst diminishing supply.

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