CryptoQuant CEO Ki Young Ju reports that institutional demand for Bitcoin continues to be robust. Analyzing U.S. custodial wallets, he notes that typical institutional addresses hold between 100 and 1,000 BTC, excluding exchange and miner addresses but including ETF holdings. Over the past year, these addresses have seen a net increase of approximately 577,000 BTC, valued at around $53 billion at current prices, indicating ongoing capital inflows.
Institutional Demand for Bitcoin Remains Strong, Says CryptoQuant CEO
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