Private funds catering to accredited investors as well as family offices, hedge funds, and other entities, have seen one of the most active period in two years.
While not yet quite near the frenzy seen in November and December 2020, such activity has been picking up throughout September, and seems to be slightly accelerating.
Source: https://www.trustnodes.com/2022/10/05/institutional-investors-bought-nearly-1-billion-bitcoin-and-eth-in-two-weeks