Coinbase's Head of Institutional Strategy, John D’Agostino, stated that the recent sharp pullback in Bitcoin prices has not shaken institutional investors' confidence. Family offices and sovereign wealth funds are still steadily increasing their holdings. He mentioned that there is currently no sign of major institutional Bitcoin holders facing significant leverage risks or large-scale liquidation pressure. D’Agostino pointed out that although Bitcoin has dropped about 50% from its 2025 peak, Bitcoin ETF holdings remain around the $100 billion level, and retail outflows have been relatively limited. (The Block) https://(wublock123.com)/news/coinbase-bitcoin-pullback-doesnt-dent-institutional-confidence-62430