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The Daily Hodl 2024-04-16 18:41:00

New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO

Newly created Bitcoin whales reportedly hold a record amount of BTC to the point of controlling 9% of the total supply of coins. Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, shares data showing that short-term holder Bitcoin whales have become one of the primary cohorts of entities. Short-term holders are defined as those The post New Bitcoin Whales Now Control 9% of BTC Supply Amid ‘Very Active’ On-Chain Accumulation: CryptoQuant CEO appeared first on The Daily Hodl .

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