CryptoQuant CEO: If BTC price approaches key support level, demand may rebound

2024-03-23 20:31:38

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ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on social media, "The net inflow rate of Bitcoin spot ETFs is slowing down. If the Bitcoin price approaches key support levels, demand may rebound. The new whales are mainly ETF buyers, with an on-chain cost basis of $56,000. In a bull market, corrections typically lead to a maximum drawdown of about 30%, with the maximum pain point at $51,000."

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2024-11-15 23:22

Data: Today, the net outflow of Bitcoin spot ETF in the United States is 3,476 BTC, while the net inflow of Ethereum ETF is 4,786 ETH

2024-11-15 23:15

CryptoQuant Analyst: The BTC reserves on exchanges have hit the lowest level since November 2018

2024-11-15 23:08

Data: Bitcoin spot ETF had a total net outflow of $401 million yesterday, marking the first net outflow after six days of net inflows

2024-11-15 12:56

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