On-Chain Analyst Willy Woo Says Institutional Investors Are Quietly Allocating to Bitcoin, Sparking BTC Rallies

Popular on-chain analyst Willy Woo thinks institutions could be the driving force behind the recent Bitcoin (BTC) rally. Woo tells his one million Twitter followers that the BTC rally coincides with a new pattern of billions of dollars worth of stablecoins flowing onto exchanges “during work days only.” “Seems to me like the heat signature of large institutions doing the buying. Timing of the inflows spans approximately 16hrs, with the quiet zone being Asian work hours. This suggests it’s Western institutions across US and Europe.” Source: Willy Woo/Twitter Bitcoin is trading at $23,079 at time of writing. The top-ranked crypto