CryptoQuant Founder: Exchanges, miners and their affiliated addresses currently hold 3 million BTC
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.
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 Ethereum (ETH) network upgrade and hard fork
BitTorrent Moves Toward a New Era of Distributed AI
Astros partners with Surf AI to create an AI-driven Perp trading experience on Sui
Trending news
MoreCrypto prices
More
