Re: Do you think Institutions secretly HODL Bitcoin?

I believe there must be lots of ways for institutions and companies to hide it: special purpose vehicles, subsidiaries, offshore accounts and companies, hiring agents, etc

I don't particularly disagree with this point

As it may or may not be true. If anything, let's assume for a moment that it is and institutions as well as companies hide their investments in cryptocurrencies. But then we won't know that, right? Therefore, their well-concealed investments don't mean a thing to us as we would still be dreaming of the times when institutional money would come to market, even though it has likely already been there for quite some time (as per our assumption)

For sure Institutions keep on holding the bitcoins and crypto at a cheap rate. They have the money to keep on accumulating bitcoin. When they have enough bitcoins, they spread positive news in the market and causes the bitcoin prices to rise. These are the Institutions who take most of the benefits when the price rises

I'm not too sure if they reap quite a lot of benefits yet (let alone profits)

If anything, they should still be deep in red. In case they are in fact involved in cryptocurrency market operations (the euphemism for the buy low and sell high stratagem), they should have been buying all the way down. In other words, it is highly unlikely that they have bought all their bitcoins right at the bottom. So it is definitely not like they "keep on holding the bitcoins and crypto at a cheap rate" (if I got your point right), and if the price rises, it should only diminish their losses (at least until a fundamentally strong bull market sets in)