CryptoQuant founder: Exchanges, miners and their affiliated addresses currently hold 3 million BTC
Ki Young Ju, founder and CEO of CryptoQuant, stated on social media that we may see a BTC liquidity crisis for sellers this year. Apart from GBTC, the new funds for spot ETFs have 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Will Support the Kite AI (KITE) Contract Swap
Bitget PoolX is listing Bitget BTC (BGBTC): Lock BGBTC get 9,200 UNI airdrop
New spot margin trading pair — BTW/USDT, IDOL/USDT, BLESS/USDT!
[Initial listing] Bitget to list Kiichain (KII)
Crypto prices
More
