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CoinOtag 2024-07-17 12:32:05

Mt. Gox Bitcoin Paybacks Overblown; Whales Continue to Accumulate BTC, Says CryptoQuant CEO

The CEO of CryptoQuant, Ki Young Ju, expressed that the impact of Mt. Gox repayments on Bitcoin remains overstated. He believes whales will use this opportunity to continue their BTC acquisitions. In a post dated July 16, Ju elucidated that the anticipated sale effects (ranging from $3-9 billion on BTC) are minor compared to the

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