CryptoQuant founder: Miners start selling Bitcoin

bitcoin START 2024-03-13 50
Ki Young Ju, the founder of CryptoQuant, recently shared his observations on social media, stating that miners have initiated the selling of bitcoin. According to him, this signals a potential shift in the market dynamics. However, he also expressed his belief that as long as the inflow of funds to exchange-traded funds (ETFs) remains robust, the bullish trend in the cryptocurrency market is likely to persist. Ju's analysis reflects the delicate balance of supply and demand in the crypto space, and his insights have prompted discussions on the future direction of the market among industry experts and enthusiasts.
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