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Key Young Joe Crypto Spotlights Former Bitcoin Wheel

Arover
By Arover
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Key Young Joe Crypto Spotlights Former Bitcoin Wheel

to stay On Google News Follow up.

Kay Young Ju, CEO of on-chain analysis platform CryptoQuant, said the selling pressure in Bitcoin was created by old whales.

“It won’t bring a big fall.”

Commenting on the market on X, Joe said a friend asked him who was selling bitcoin and used the following statements:

“A friend of mine asked who is selling Bitcoin. Old wheels sell. The high OTC volume and accumulated BTCs on exchanges show that. Still, I don’t think this selloff will cause a big drop in the market. Buy. Largely by US-based corporates, however, Coinbase’s daily premium rate is at its lowest level in 2 years.

Young Ju also said that he thinks the US will have the biggest pro-crypto government yet, that other countries will follow the US, and that there will be positive days for crypto in the short term.

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