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But we saved everything 🙂.
Institutional interest in Bitcoin remains robust, according to Ki Young Ju. Excluding exchanges and miners, U.S. custody wallets holding 100-1,000 BTC each provide insight into this demand.
Over the past year, 577,000 BTC, valued at $53 billion, were added to these wallets, a figure that includes ETF holdings. The influx of Bitcoins continues steadily.
The sustained inflow of Bitcoin into U.S. institutional custody mirrors the complex market dynamics Ki Young Ju has observed in the past, including his analysis of bearish crypto on-chain trends amid contrasting off-chain signals. These accumulation patterns also resonate with his perspective on the importance of a long-term Bitcoin investment strategy, emphasizing patience as a critical component for navigating volatile cycles.