[Coinbase Strategist: Institutions Are Not Panicking Over Bitcoin's Decline, Instead Buying the Dip] Odaily Planet Daily News – Coinbase Institutional Strategy Head John D’Agostino stated that despite Bitcoin recently dropping below $60,000, large investors such as family offices and sovereign wealth funds are not panicking but rather viewing the decline as a discounted buying opportunity. He noted that these institutions were optimistic about Bitcoin at $125,000, still interested at $100,000, and "like it even more" around $65,000. Last Friday, Bitcoin briefly fell to $59,200, marking its first dip below $60,000 since October 2024, and representing a roughly 50% drop from its October 2025 peak of over $126,000. D’Agostino believes institutional confidence remains strong, with continued investment in related market infrastructure and resilient Bitcoin ETF holdings. Currently, Bitcoin ETF exposure remains around $100 billion, despite the price halving from its peak, while retail interest has pulled back by approximately 15%. He also downplayed concerns about forced liquidations of leveraged positions held by major institutions, stating that there is no evidence of significant over-leveraging among key institutional Bitcoin holders at this time.