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Bitcoin whale accumulation echos 2020: CryptoQuant CEO
The post Bitcoin whale accumulation echos 2020: CryptoQuant CEO appeared on BitcoinEthereumNews.com. CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility. CryptoQuant founder and CEO Ki Young Ju has highlighted a striking similarity between current Bitcoin market activity and the activity seen in mid-2020. In an X post on May 31, Ki’s findings revealed comparatively high on-chain activity and a sharp spike in Bitcoin (BTC) accumulation — echoing 2020’s accumulation phase, which led to BTC surging to $64,000 by April 2021. Cointelegraph contacted Ki for a comment but did not receive a response before the publication deadline. Read more Source: https://cointelegraph.com/news/bitcoin-whale-accumulation-2024-cryptoquant-ceo
The post Bitcoin whale accumulation echos 2020: CryptoQuant CEO appeared on BitcoinEthereumNews.com.
CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility. CryptoQuant founder and CEO Ki Young Ju has highlighted a striking similarity between current Bitcoin market activity and the activity seen in mid-2020. In an X post on May 31, Ki’s findings revealed comparatively high on-chain activity and a sharp spike in Bitcoin (BTC) accumulation — echoing 2020’s accumulation phase, which led to BTC surging to $64,000 by April 2021. Cointelegraph contacted Ki for a comment but did not receive a response before the publication deadline. Read more Source: https://cointelegraph.com/news/bitcoin-whale-accumulation-2024-cryptoquant-ceo
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