Why Large-Scale Purchases Don't Shake Bitcoin’s Price

Despite major companies such as BlackRock, Fidelity, and Wall Street investment funds purchasing billions of dollars worth of Bitcoin, the price of this digital currency has remained relatively stable. This phenomenon, which raises questions among many investors, can be explained by several factors.

One primary reason is that the actual flow of ETFs and institutional Bitcoin accumulation is ongoing; however, a significant portion of these transactions occurs outside traditional stock exchanges through over-the-counter (OTC) markets and via derivatives or "paper Bitcoin" (IOUs). This approach prevents sudden market shocks and allows companies to amass large quantities of Bitcoin without causing sharp price increases.

Furthermore, many large Bitcoin holders, often called "whales," are gradually selling or transferring their holdings to private wallets. This continuous supply offsets the buying pressure created by corporations, contributing to price stability. Some analysts believe that this price stability may be part of a broader strategy to keep Bitcoin’s price low, allowing large institutional players to accumulate more assets. Once their accumulation phase is complete, a significant price surge could occur in the future.