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Strike Gold by Sharing Your TradFi Orders and Pictures!
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Analysis: Institutional demand for Bitcoin remains strong, with institutions increasing their holdings by approximately $53 billion worth of BTC over the past year.
BlockBeats News, January 20 — CryptoQuant founder Ki Young Ju stated, "Institutional demand for Bitcoin remains strong. Custodial wallets in the US typically hold between 100 and 1,000 BTC each. Excluding exchange and miner addresses, this metric can serve as a rough indicator of institutional demand, with ETF holdings also included.
Over the past year, institutions have added a total of 577,000 BTC (approximately $53 billion), and funds continue to flow in."