Ki Young Ju: The current atmosphere in the BTC market is the same as it was in mid-2020
CryptoQuant CEO Ki Young Ju stated that the current atmosphere in the BTC market is similar to mid-2020. At that time, BTC hovered around $10,000 for six months with active on-chain activities, which were later revealed as off-market trades. Now, despite lower price volatility, on-chain activity remains high with $1 billion added to new whale wallets every day.
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
Analysis: US stock indices set to end winning streak, rare November decline expected
Nansen: Base transaction volume exceeded 100 million in the past week, BNB Chain active addresses reached 11.6 million
Trending news
MoreCrypto prices
More
