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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
