Summary
- Ju Ki-young, CEO of CryptoQuant, expressed regret over the community's obsession with whale movements.
- Bitcoin has recently been trading at a 1.99% decrease on Binance.
- Investors showed alarm at the movement of a single whale without seeing the overall picture of net inflows and outflows.
Ju Ki-young, CEO of CryptoQuant, expressed on the 9th (local time) via his X (formerly Twitter) that it's regrettable to see the crypto community (CT) getting alarmed by a single whale's move without looking at the overall picture of net inflows and outflows.
Meanwhile, Bitcoin (BTC) is trading at $92,133.26, down 1.99% from the previous day, based on the Binance Tether (USDT) market as of 05:58 on the 10th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
