Bitcoin 24 hr volume exceeded $1 billion in 24 hrs last week (with the entire crypto market exceeded well over $2 billion). Thats like a 10 time increase over the last few months. At first I thought it was just pumpers going crazy but now it seems like an established trend.
Where is it all coming from?
What will the volume be like in 6 months?
Rich investors building capital in the ecosystem and also positions in all altcoins
Basically buying a basket for future development maybe some funds have private investors who are looking at this field before the ETF or other assets are approved.