CryptyQuant Report: bitcoin mega-whale increasing its holdings at a rate of 6.3% per month, the fastest rate since April 2023
Bitget2024/07/10 14:24
CryptyQuant reports that the Bitcoin mega-whale is increasing its holdings of Bitcoin at a rate of 6.3% per month, the fastest pace since April 2023, signaling rising demand for Bitcoin.CryptoQuant reports that Bitcoin prices may take longer to bottom out and begin a new round of gains as liquidity growth in the stablecoin still hasn't fully unfolding. Stablecoin liquidity is necessary for the price to rise.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
FTX's liquidation plan gets court approval
Bitget•2024/10/07 19:59
Report: Global Cryptocurrency Adoption Rate Expected to Exceed 8% by 2025
Bitget•2024/10/07 18:07
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$63,106.8
+0.73%
Ethereum
ETH
$2,443.01
+0.08%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$570.83
+0.65%
Solana
SOL
$145.98
+0.24%
USDC
USDC
$1
+0.01%
XRP
XRP
$0.5359
+0.62%
Dogecoin
DOGE
$0.1110
+0.15%
TRON
TRX
$0.1564
+1.32%
Cardano
ADA
$0.3556
-0.07%
Bitget pre-market
Buy or sell coins before they are listed, including SCR, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now