CryptoQuant CEO: Long-term Bitcoin holders sold $1.2 billion in the past two weeks
By:Cointime
Ki Young Ju, CEO of CryptoQuant, stated that over the past two weeks, Bitcoin long-term holders have sold $1.2 billion, possibly through brokers. During the same period, ETF net flows were negative, with outflows of $460 million. If the liquidity of these $1.6 billion in sellers has not been purchased off-exchange, brokers may deposit BTC into exchanges, thereby affecting the market.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Up to 50% BGB rebates: Deposit & buy crypto with VND today!
Bitget Announcement•2025/04/07 08:25
Hang Seng Index falls below 20,000 points
Cointime•2025/04/07 07:00
AR falls below $5
Cointime•2025/04/07 07:00
TON falls below $3
Cointime•2025/04/07 07:00
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$76,346.87
-7.98%
Ethereum
ETH
$1,496.48
-16.59%
Tether USDt
USDT
$0.9992
-0.03%
XRP
XRP
$1.77
-15.61%
BNB
BNB
$540.97
-8.15%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$100.99
-15.32%
TRON
TRX
$0.2247
-5.49%
Dogecoin
DOGE
$0.1375
-16.77%
Cardano
ADA
$0.5463
-14.52%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now