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In Bitcoin's Path Back To $50,000, Institutional Investors, Whales Battle Miners
Sunday, February 28, 2021 - 9:26pm | 538Read More...As Bitcoin (CRYPTO: BTC) trudges back on the path to $50,000, whales are battling the other dominant players — miners, in the backdrop. What Happened: On Sunday, CryptoQuant CEO Ki Young Ju said on Twitter, “It's a whale war, and you know who got the real power.”...
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Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know
Sunday, January 10, 2021 - 10:04pm | 513Read More...Bitcoin (BTC) may be approaching a local top, according to CryptoQuant CEO Ki Young Ju, who based his analysis on miners selling the cryptocurrency. What Happened: Ki pointed to a metric called Miners’ Position Index (MPI), which is the ratio of all BTC leaving miners to the coin’s one-...
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As Bitcoin Crossed $30K, Institutional Buyers On Coinbase Made Record Purchases
Tuesday, January 5, 2021 - 6:32am | 280Read More...Institutional buyers kept buying Bitcoin (BTC) even as its price crossed the $30,000 level, according to CryptoQuant CEO Ki Young Ju. What Happened: Ki pointed to a chart tracking the outflows from Coinbase Pro wallets dating back to Jan. 2, when the Bitcoin price reached $32,196. "...
