Interesting. Most definitely expected, and I'm willing to bet that the odd clever banker or two got in a year or two back already. It's going to make the market increasingly interesting as these whales start competing against another. I wonder if this may make those giant buy and sell walls of manipulation better or worse.

I don't consider the flat BTC price to be surprising, market sentiment has been very poor until now. Any price rise was soon sold by those desperately seeking to make some sort of return during the first half of 2018. Similarly, the last two months or so have remained flat, but I think that the signs of an emerging bull market become clearer by the day. To a contrarian, the signs have been around for over half a year already, but it always takes the mass market a long time to catch up, especially after a scare like they got in February. I expect more institutional wallets to be created soon and I expect that the price of BTC (and the alts) will indeed start to climb as those wallets get filled.