Behind Closed Doors, Big Money Is Eyeing Bitcoin – Binance CEO Drops a Clue
A brief online remark from Binance CEO Richard Teng has reignited conversations about growing institutional demand for Bitcoin — and this time, the message wasn’t in a press release or a new announcement, but a casual comment triggered by an old video.
The clip, dating back to the Token2049 event in Dubai, recently resurfaced on social media. It featured Teng discussing how the profile of investors entering the crypto space has shifted dramatically.
Traditional market participants — including sovereign funds, quasi-government entities, family offices, and wealthy investors — are no longer on the sidelines. Instead, they’re stepping in, using familiar institutional frameworks to get exposure to digital assets.
But while the video didn’t reveal anything new, Teng’s understated reaction did. His post simply said: “Let’s just say… the phone has been ringing a lot more lately.” That was enough to set off a wave of speculation, hinting that institutional demand may not only be steady — it could be accelerating.
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Teng had previously noted that Binance saw a nearly 100% jump in institutional clients last year, with $100 million in fresh capital entering the platform during the first quarter of 2025 alone. This aligns with the growing trend of professional investors treating Bitcoin less like a speculative bet and more like a strategic asset — on par with equities, FX, or gold.
The timing of Teng’s new comment is interesting, as it follows a slight retreat in Bitcoin’s price from a recent peak of ovoer $107,000 to just above $102,000. But price fluctuations aside, Teng’s cryptic nod suggests the real action might be happening behind closed doors — where serious capital often moves long before the charts react.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
