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CryptoQuant CEO: U.S. Government Sale of 4,000 Bitcoins Unlikely to Impact Markets
Bitget2024/06/26 21:44
CryptoQuant CEO Ki Young Ju said in a post on the X platform that the U.S. government's sale of 4,000 Bitcoins is unlikely to have much of an impact on the market. This is because Coinbase Prime handles sell-side liquidity of 20,000 to 49,000 BTC per day when spot ETF inflows are high, and 6,000 to 15,000 BTC per day when spot ETF inflows are low.Ki Young Ju said, "Posting this because
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