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Ki Young Ju: The current atmosphere in the BTC market is the same as in mid-2020

CointimeCointime2024/05/31 05:43
By:Cointime

Ki Young Ju, CEO of CryptoQuant, stated that the current atmosphere in the BTC market is similar to that of mid-2020. At that time, BTC fluctuated around $10,000 for six months, with active on-chain activity, which was later revealed to be off-exchange trading. Now, despite lower price volatility, on-chain activity remains active, with $1 billion being added to new whale wallets every day.

1

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.

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