Ki Young Ju "Currently in a whale-buying phase… price increase expected"

Uk Jin

Summary

Ki Young Ju, CEO of CryptoQuant, said that whales' buying pressure is currently active.
He said he expects a price increase based on the Bitcoin market being in a whale-buying phase.
That day, Bitcoin rose 1.33% from the previous day to record 88,606 dollars.

Bitcoin (BTC) managed a slight rebound that day, and there was a view that a price rally due to whales' buying could come.

On the 26th (Korea time), Ki Young Ju, CEO of CryptoQuant, said on X (formerly Twitter), "The cycle of the Bitcoin spot market is divided into 'retail investor buying→whale selling→price decline' and 'retail investor selling→whale buying→price increase'," adding, "Currently, it is the period when whales are buying. I expect a price increase."

As of 8:17 PM that day, Bitcoin was 88,606 dollars, up 1.33% from the previous day according to CoinMarketCap.

BTC

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

Ki Young Ju "Currently in a whale-buying phase… price increase expected"

PiCK News

Richmond Fed President: "Middle East conflict could spark inflation… the Fed can’t ignore long-term shocks"

US initial jobless claims at 213,000, below estimates

New York Stock Exchange makes surprise investment in OKX… “Accelerating blockchain business”

Despite a large Q4 loss… American Bitcoin board bought back shares

Bitcoin retakes KRW 100 million amid reports of secret US-Iran contacts…$72,000 in focus [Kang Min-seung’s Trade Now]

Trending News