The New Year turned out bullish for most digital currencies including Bitcoin (BTC) whales and retail investors. The digital currency is up by 2.95% in the past 24 hours to $96,783.31, paring off the drawdown of the past week. Despite this resilience, there are still visible selloffs in the Bitcoin ecosystem. Drawing on this, CryptoQuant Founder Ki Young Ju has shared insight on the source of the latent Bitcoin sell pressure in the market.
Old Bitcoin Whales and OTC Traders Fueling BTC Drawdown: CryptoQuant CEO
coingape.com
02 January 2025 19:23, UTC