Macro analyst: Bitcoin's sideways movement this year marks its entry into a mature phase
According to Jinse Finance, Wall Street veteran and macro analyst Jordi Visser compared bitcoin's sideways movement this year to a silent IPO. This marks bitcoin's entry into a mature phase, where early whales are cashing out after more than a decade of venture investment, while institutional investors are quietly increasing their bitcoin holdings.
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
Data: The top ZEC contract position on Hyperliquid has an unrealized loss of $10.8 million.
MMT drops to around $0.6, down 52.55% in 24 hours
A certain whale opened a 5x leveraged long position on ZEC, with an unrealized profit of $2.4 million.
Trending news
MoreCrypto prices
More
