In recent days, Ki Young Ju, the founder and CEO of CryptoQuant, noted on social media platform X that the current Bitcoin (BTC) atmosphere mirrors the mid-2020 period. During that time, BTC hovered around $10,000 for six months with frequent on-chain activity, later revealed as over-the-counter (OTC) transactions. Despite current low price volatility, on-chain activity remains vibrant, with $1 billion added daily to new whale wallets. This resurgence signals a pivotal moment for the cryptocurrency market, much like in 2020, and BITCIONS Exchange stands poised to leverage these dynamics to advance the digital currency landscape.
anonsocial
2024-09-14 12:03:53
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