Wu said that CryptoQuant CEO Ki Young Ju stated that institutional demand for Bitcoin remains strong. Using US custodial wallets as a sample, he observed that typical institutional custody addresses hold between 100 and 1000 BTC (excluding exchange and miner addresses, including ETF holdings). Over the past year, there has been a net increase of approximately 577,000 BTC, which is about $53 billion at current prices, indicating that funds are still flowing in.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Wu said that CryptoQuant CEO Ki Young Ju stated that institutional demand for Bitcoin remains strong. Using US custodial wallets as a sample, he observed that typical institutional custody addresses hold between 100 and 1000 BTC (excluding exchange and miner addresses, including ETF holdings). Over the past year, there has been a net increase of approximately 577,000 BTC, which is about $53 billion at current prices, indicating that funds are still flowing in.