Ki Yoon Joo: “Bitcoin whales and miners are selling their assets”
Investment firm CryptoQuant CEO Ki Yoon Joo said Bitcoin whales and miners have reduced their positions through over-the-counter platforms by $1.2 billion over the past two weeks. According to the analyst, over the same period of time, the outflow of funds from spot Bitcoin ETFs exceeded $460 million. Ki Young Ju believes that miners may switch from mining Bitcoin to participating in projects related to artificial intelligence, which will lead to significant sales of their…
