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just noticed ark has been loading up on bullish stock for 9 days straight now. they dropped another $11.6M in the latest round. that's pretty consistent buying pressure if you ask me.
what's interesting is how ark keeps accumulating despite the market noise. the whole digital asset infrastructure play seems to be what they're betting on here. bullish is positioning itself as more of an institutional platform rather than your typical retail exchange.
funny enough, coindesk actually disclosed they're owned by bullish too, and their journalists can get equity compensation from them. so there's definitely some interconnected interests in the space. but the ark buying pattern is still worth watching - institutional money doesn't usually move like this without conviction.
wondering if this is just ark's long-term thesis on institutional adoption of digital assets or if they're seeing something specific coming. either way, 9 consecutive days of buying is hard to ignore.