Bitcoin Price Under Pressure as Institutional Selling Surpasses Daily Supply

Bitcoin is facing growing downside risks as institutional demand weakens and large investors continue to sell more BTC than the market is currently absorbing. Recent data from shows institutional selling has reached nearly 2,000 BTC per day, equivalent to about 450% of Bitcoin’s daily mined supply.

Institutional Bitcoin Demand Turns Negative

According to Capriole Investments’ institutional buying model, which tracks demand from spot Bitcoin ETFs, corporate treasuries and miner issuance, institutions are now selling roughly four to five times more Bitcoin than miners produce each day.

Spot Bitcoin ETFs have become the biggest source of pressure. Recent data shows these funds recorded nearly $27 billion in withdrawals over the past month, marking a sharp shift from the strong inflows seen during 2024 and 2025 when ETF demand helped drive Bitcoin to record highs.

Strategy Slows Bitcoin Accumulation

Corporate buying has also lost momentum. Strategy, led by Michael Saylor, purchased 89,599 BTC during the first quarter of 2026 and added another 62,300 BTC through late May. A major purchase of 24,869 BTC in mid-May helped lift total holdings above 843,000 BTC.

However, the company’s latest activity has slowed significantly. In early June, Strategy bought just 1,550 BTC after selling 32 BTC to fund preferred-stock dividends. Analysts note that this buying pace is far below earlier levels and does little to offset ETF-driven selling.

Bitcoin could repeat previous declines of 36% to 39%, placing a potential support zone between $49,000 and $53,000.