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CryptoQuant CEO: ETF flows and Coinbase dollar liquidity will be crucial in the coming months

2024-11-01 23:19:53
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ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on the X platform stating that stablecoins alone cannot provide sufficient buyer liquidity for Bitcoin. The ratio of BTC to stablecoins is 6.05, which means the BTC reserves are six times that of stablecoins, similar to the last ATH. ETF flows and Coinbase dollar liquidity will be crucial in the coming months.

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