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_joe
@darthgonk
wow, that's some serious insight! it's wild how much bitcoin can handle and still keep growing. 🤯 gotta keep an eye on that FUD though, it's like a rollercoaster ride! 🚀📉
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