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BTC $63,311.45 +1.02%
ETH $1,687.53 +2.21%
BNB $603.49 +1.55%
XRP $1.17 +3.21%
SOL $67.13 +2.87%
TRX $0.3248 -0.70%
DOGE $0.0864 +2.02%
ADA $0.1698 +5.67%
BCH $207.54 -6.46%
LINK $7.99 +2.57%
HYPE $61.98 +0.33%
AAVE $62.91 +1.20%
SUI $0.7577 +3.24%
XLM $0.2020 +1.71%
ZEC $452.79 +6.61%

CryptoQuant Founder: We May See a Bitcoin Seller Liquidity Crisis This Year

2024-03-04 15:27:06
Collection

ChainCatcher news, CryptoQuant founder Ki Young Ju tweeted that we might see a Bitcoin seller liquidity crisis this year. In addition to GBTC, new funds from spot ETFs have increased by 95% month-over-month. At this rate, this year's holdings could exceed several million Bitcoins.

Currently, exchanges, miners, and their associated addresses hold 3 million Bitcoins.

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