BTC $62,960.60 -0.10%
ETH $1,878.23 -0.28%
BNB $606.04 -0.21%
XRP $0.9997 -0.45%
SOL $75.26 -0.29%
TRX $0.3310 -0.47%
DOGE $0.0695 -0.89%
ADA $0.1761 -2.37%
BCH $203.32 -0.97%
LINK $9.46 -0.88%
HYPE $56.88 +0.82%
AAVE $85.98 -0.62%
SUI $0.6738 -1.66%
XLM $0.1568 -1.43%
ZEC $484.79 -2.19%
BTC $62,960.60 -0.10%
ETH $1,878.23 -0.28%
BNB $606.04 -0.21%
XRP $0.9997 -0.45%
SOL $75.26 -0.29%
TRX $0.3310 -0.47%
DOGE $0.0695 -0.89%
ADA $0.1761 -2.37%
BCH $203.32 -0.97%
LINK $9.46 -0.88%
HYPE $56.88 +0.82%
AAVE $85.98 -0.62%
SUI $0.6738 -1.66%
XLM $0.1568 -1.43%
ZEC $484.79 -2.19%

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

2024-03-04 15:27:06

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.

Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.