Bitcoin institutional demand remains intact despite recent price volatility and weakening retail sentiment, according to new on-chain data from CryptoQuant. The analytics firm found that large custody wallets — typically associated with institutions, funds, and exchange-traded products — have accumulated $53 billion worth of Bitcoin over the past 12 months, signaling that long-term accumulation has continued beneath the surface. Institutions continue accumulating BitcoinCryptoQuant founder Ki Young Ju said on Tuesday that wallets holding between 100 and 1,000 BTC have added approximately 577,000 Bitcoin over the past year. “Institutional demand for Bitcoin remains strong,” Ju said, noting that this wallet cohort includes spot Bitcoin ETFs and professional custodians
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