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CryptoQuant Founder: Bitcoin whales are sending BTC to derivatives exchanges as collateral for leveraged positions

CryptoQuant Founder: Bitcoin whales are sending BTC to derivatives exchanges as collateral for leveraged positions

2024/02/29 02:01

Ki Young Ju, the founder of CryptoQuant, stated on X that Bitcoin "whales" are shifting to risk-preference positions, sending BTC to derivative exchanges as collateral for leveraged positions.

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.

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