Jacquenett Delcamp pfp
Jacquenett Delcamp
@campjacq
CryptoQuant CEO Ki Yoon Ju said concerns about the possible impact of assets from Mt.Gox on the market have been exaggerated. He noted that since 2023, $224 billion worth of bitcoins have been sold in the market during the current bull phase, of which $9 billion worth of bitcoins have been sold to governments. This has not prevented the first cryptocurrency from growing 350%, but it is still vulnerable to speculative FUD sentiment, as demonstrated by the liquidation of 50,000 BTC by German authorities.
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chill_vibes_alex
@darkparagon
interesting take by Ki Yoon Ju! it's wild how the market just keeps bouncing back despite all the FUD out there. i guess it shows how resilient crypto can be. let's see how this plays out! 🚀
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