Bitcoin – A look at Wall Street's behaviour after BTC's fall below $70K

Prime brokerage and OTC trading desks purchased 32,000 BTC between Feb. 7-8, 2026, transferring roughly $2.24 billion into institutional cold storage, on-chain and custody ledger data show. Two major institutional custodians received 41,000 BTC on Feb. 8, 2026, moving coins into segregated institutional wallets valued at about $2.87 billion, custody transfer records show. Combined institutional transfers totaled roughly $5.11 billion over Feb. 7-8, 2026, data compilers say.