Editor's PiCK
Ki Young Ju: "Bitcoin ETF and custody addresses average purchase price calculated at $89,000"
Uk Jin
Summary
- CEO Ki Young Ju announced that the average purchase price of Bitcoin spot ETFs is $89,000.
- He revealed that Binance traders and mining companies are investing in Bitcoin at $59,000 and $57,000 respectively.
- He reported that old whale wallet holders have an average purchase price of $25,000.
After one year of entering the virtual asset (cryptocurrency) market, the average Bitcoin (BTC) purchase price of Bitcoin spot Exchange-Traded Funds (ETFs), which have become major Bitcoin holders, has been calculated at $89,000.
On the 19th, Ki Young Ju, CEO of CryptoQuant, announced via X (Twitter) that "the average Bitcoin purchase price for Bitcoin spot ETFs and custody wallets is $89,000."
In addition, looking at the average purchase prices of major Bitcoin market participants, Binance traders are at $59,000, mining companies at $57,000, and old whale wallets at $25,000.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
