Bitcoin

Giant

Ki Young Ju, founder and CEO of cryptocurrency analysis company CryptoQuant, shared extremely interesting data about whales in Bitcoin in his statement.
According to Ki Young Ju, data shows that huge HTX whales have opened very large long positions at the $69,000 level. Although HTX has not been as popular lately, its data is important since it is an exchange owned by cryptocurrency billionaire Justin Sun.
In addition, Ki Young Ju claimed that similarly giant whales took large long positions on Bybit at the level of $ 69,000.
Related News: <a href="https://en.bitcoinsistemi.com/watch-out-35-altcoins-have-massive-token-unlocks-in-the-new-week-heres-the-day-by-day-hour-by-hour-list/" target="_blank" rel="noopener noreferrer nofollow">Watch Out: 35 Altcoins Have Massive Token Unlocks in the New Week - Here's the Day-by-Day, Hour-by-Hour List</a>
At the time of writing this article, Bitcoin price remained generally horizontal during the day and is traded at $69,717. Last week, after employment data came in stronger than expected and memecoins experienced a significant decline in the live broadcast of the influencer named RoaringKitty, a serious loss of value was observed in BTC.
Especially next week will be extremely important for the cryptocurrency market. Both the FED interest rate decision and CPI data will be announced on Wednesday. In addition, PPI data will be published on Thursday.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/analytics-company-ceo-warns-right-now-giant-whales-are-taking-extremely-intriguing-positions/" rel="noopener noreferrer nofollow">Analytics Company CEO Warns: “Right Now, Giant Whales Are Taking Extremely Intriguing Positions”</a>

Analytics Company CEO Warns: “Right Now, Giant Whales Are Taking Extremely Intriguing Positions”

Bitcoin Sistemi EN

Other articles published on Jun 10, 2024

Notcoin Pumps 6% as Player Base Hits 40 Million

Big Money Bets on Ethereum! Key Levels to Watch Now for ETH Price

XRP Whale Moves 30M Coins to Exchange

Ethena USDE market cap hits $3B, SOL keeps pace as new memecoin set to surge

Meme Coin Price Predictions: Here’s What to Expect from PEPE and FLOKI This Week

Shiba Inu Price Could Skyrocket By 1,100%, Predicts Analyst

Join our free newsletter for daily crypto updates!