Anchorage Digital receives $405M in Bitcoin from major institutions in sign of renewed accumulation
Crypto Briefing
Anchorage Digital received $405 million in Bitcoin from major institutions, signaling strategic accumulation.Summary
Anchorage Digital, a U.S.-regulated crypto custodian, received approximately $405 million in Bitcoin from major institutional clients, including Coinbase, Cumberland, Galaxy Digital, and Wintermute. These significant inflows suggest that institutions are moving Bitcoin off trading venues and into secure, long-term custody, a behavior often associated with strategic asset accumulation or treasury rebalancing, especially during periods of market weakness. Anchorage Digital is also noted for expanding its institutional presence and serving as a custodian supporting BlackRock’s Bitcoin ETF.
(Source：Crypto Briefing)