Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Ki Young Ju: The current atmosphere in the BTC market is the same as in mid-2020

Ki Young Ju: The current atmosphere in the BTC market is the same as in mid-2020

CointimeCointime2024/05/31 05:43
By:Cointime

Ki Young Ju, CEO of CryptoQuant, stated that the current atmosphere in the BTC market is similar to that of mid-2020. At that time, BTC fluctuated around $10,000 for six months, with active on-chain activity, which was later revealed to be off-exchange trading. Now, despite lower price volatility, on-chain activity remains active, with $1 billion being added to new whale wallets every day.

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SEC Chair Gary Gensler Gives First Sign He May Resign – Has He Made His Final Announcement?

SEC Chairman Gary Gensler, who is disliked by the cryptocurrency world, gave the first signal that he may resign.

Bitcoinsistemi2024/11/15 01:44

Donald Trump's Altcoin Project Partners With A New Altcoin!

World Liberty Financial (WLFI), the new decentralized finance (DeFi) protocol backed by Donald Trump and his family, has partnered with Chainlink (LINK).

Bitcoinsistemi2024/11/15 01:44

Franklin Templeton, Who Manages $1.5 Trillion, Will Also Make His Cryptocurrency Fund Available on a Giant Altcoin Network!

Franklin Templeton U.S. Government OnChain has extended the U.S. Government Money Market Fund (FOBXX) to the Ethereum blockchain.

Bitcoinsistemi2024/11/15 01:44