TechFlow, Nov. 11 — Ki Young Ju, founder and CEO of CryptoQuant, posted on social media that Bitcoin whales have cashed out billions of dollars since the price reached $100,000.
Ki Young Ju stated, "Earlier this year, I predicted the bull market cycle had ended, but demand from Strategy and ETF inflows offset bearish pressure. If this buying demand fades, sellers will regain dominance. Currently, selling pressure remains high, but if you believe macroeconomic prospects are strong, now could be a good time to buy."
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