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.![[Today’s key economic and crypto calendar] Remarks by Fed Governor Christopher Waller, among others](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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