Institutional Bitcoin Demand Surges as U.S. Custody Wallets Accumulate $53B

Earlier today, Crypto Quant founder Ki Young Ju highlighted that institutional demand for Bitcoin remains strong. He pointed out that large U.S. custody wallets have accumulated around $53 billion worth of Bitcoin over the last year. Institutional demand for Bitcoin remains strong. US custody wallets typically hold 100-1,000 BTC each.