Bitcoin Wealth Transfer Fuels Next Rally
CryptoQuant CEO Ki Young Ju suggests Bitcoin’s current distribution phase is a major supply transfer to US institutions and ETFs, potentially supporting future rallies. #Update #Crypto $BTC
CryptoQuant CEO Ki Young Ju suggests Bitcoin’s current distribution phase is a major supply transfer to US institutions and ETFs, potentially supporting future rallies. #Update #Crypto $BTC
CryptoQuant CEO Ki Young Ju clarifies Bitcoin’s $56K realized price is not a prediction, noting futures market shift to retail dominance and institutional spot selling. #Update #Crypto $BTC
Uniswap Labs founder Hayden Adams proposes governance changes to activate protocol fees and burn tokens, potentially causing a supply shock. UNI spikes 30%. #Update #Crypto
@CryptoQuant CEO claims Bitcoin is now deflationary as @MicroStrategy accumulates BTC faster than it’s mined, holding 555,450 BTC valued at $58B. #Update #Crypto $BTC (+6) ↗
Bitcoin has entered oversold levels, with analyst Dr. Cat warning this is bearish, not bullish, as $BTC supply currently exceeds demand. #Update #Crypto $BTC (-5) ↘
Ethereum could mirror Bitcoin’s 2018-2021 cycle, potentially reaching $8,000 despite record selling pressure, as per analyst The Cryptagon. Current ETH support is at $1,887. #Update #Crypto $ETH (-3) ↘
DailyHodl: Ki Young Ju, CEO of @CryptoQuant, predicts politics will be tokenized, with political parties issuing coins like $TRUMP, marking a potential “killer use case” for crypto assets. #Update #Crypto $TRUMP (+3) ↗
CryptoQuant CEO Ki Young Ju reports $BTC is showing bull market behavior as short-term holders buy from long-term holders, with larger investors accumulating while smaller ones sell. Bitcoin’s price is $98,847. #Update #Crypto $BTC (+4) ↗