Some of these institutions are basically just large retail investors. The Bitcoin treasury company Strive bought 4,045 BTC between October 12th and 16th at an average price of $82,803. The company's CEO, Matt, even tweeted a smug hint: "Keep buying next week." Their strategy of chasing highs is exactly the same as retail investors. However, it's good to have these large retail and institutional investors buying at the top. With more demand, the price of Bitcoin might fall more slowly.