I guess institutional investors really knows what's coming next after this year. And it is the halving and we all know that it is the catalyst for the next bull-run.
So I'm not surprised as early as year ago or two they have been stacking crypto already and even in our lowest lows, they are still very optimistic that it is just another hump and it is to be expected as we are in the bear market (and technically we are still, however, we have bounce back since the bottom).
And with this, and if we wanted to be smart, then we still have a lot of time ahead of us to stack and accumulate Bitcoin as much as we can.
Buy, DCA as what everyone does and HODL.