After the US election, the price of Bitcoin soared to nearly $100,000, and the market demand for hardware wallets and self-custody solutions increased significantly, driving a significant increase in the demand for hardware wallets. Hardware wallet manufacturer Trezor said its sales hit a record high last week.
Data shows that about 427,000 bitcoins (worth about $40 billion) have been transferred from centralized exchanges in 2024, reflecting that users are more inclined to keep their assets in their own hands. Analysts believe that Bitcoin has become a hot topic in the US presidential election, prompting more users to pay attention to the long-term value of crypto assets. At the same time, the collapse of centralized exchanges in the past and the increase in regulatory uncertainty have also promoted users' adoption of self-custody tools.
