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CryptoQuant Founder: Exchanges, miners and their affiliated addresses currently hold 3 million BTC

CryptoQuant Founder: Exchanges, miners and their affiliated addresses currently hold 3 million BTC

2024/03/04 06:59

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.

1

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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