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Strike Gold by Sharing Your TradFi Orders and Pictures!
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Institutions still have a strong appetite for Bitcoin. Recent data shows that in the US custody wallets, each account typically holds between 100 and 1,000 BTC, which is quite substantial. If we exclude addresses of trading platforms and miners, this metric can actually well reflect the true demand from institutions.
A more intuitive figure is this—over the past year, the value of Bitcoin accumulated by institutions has reached $53 billion. From this perspective, the enthusiasm of large institutions for BTC has not cooled down; instead, they continue to increase their holdings. What does this imply? It indicates that Bitcoin as an institutional asset allocation option has gained considerable recognition and attention.