CryptoQuant Founder: Exchanges, miners and their affiliated addresses currently hold 3 million BTC

2024/03/04 06:59

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CryptoQuant founder and CEO Ki Young Ju posted on social media that we may see a BTC seller liquidity crisis this year. Excluding GBTC, the newly added funds of spot ETFs increased by 95% month-on-month. At this rate, the amount of Bitcoin held this year could exceed several million BTC. Currently, exchanges, miners and their affiliated addresses hold 3 million BTC.

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