Institutional investors have come into the crypto space and with that in mind, large buyers such as endowments and hedge funds have been consistently purchasing over $ 100,000,000 worth of cryptocurrency through private transactions.
Now, miners have started to schedule over the counter coin sales. Some have even set up their own liquidity desks and operations to accommodate the estimated $ 250 million to $ 30 billion in trades alone.
Before this, big investors have steered clear from the crypto investing space because of the lack of stability for the bigger currencies. With prices of Bitcoin and Ethereum have reached a certain balance in this, more and more traditional financial institutions have started diversifying their portfolios with crypto assets.