Ki Young Ju: The current atmosphere in the BTC market is the same as it was in mid-2020
CryptoQuant CEO Ki Young Ju stated that the current atmosphere in the BTC market is similar to mid-2020. At that time, BTC hovered around $10,000 for six months with active on-chain activities, which were later revealed as off-market trades. Now, despite lower price volatility, on-chain activity remains high with $1 billion added to new whale wallets every day.
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
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
WLFI: BNB Ecosystem USD1 Zero-Fee Promotion Extended Until December 31
Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies
Trending news
MoreCrypto prices
More
