ChainCatcher news, according to Lookonchain monitoring, a teenage trader "Kid Brother" created a MEME coin Quant during a live stream and sold all of it for 128 SOL (30,000 USD), making a profit of 29,600 USD. The 51 million Quant he sold is now worth 4 million USD. After that, he created lucy and sorry, selling them all and earning a profit of 103 SOL (approximately 24,000 USD).

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the ETH/BTC NUPL has hit a 4-year low. This reflects the bottom levels of early 2020, which may present an opportunity for Ethereum believers.NUPL (Net Unrealized Profit/Loss) is an indicator that measures market sentiment and the unrealized profits and losses of cryptocurrency holders. It reflects the overall state of the market by calculating the net value of unrealized profits and losses of all held assets in the market.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on the X platform that the Bitcoin market is currently in a frenzy phase, with 99.3% of unspent transaction outputs (UTXO) in profit.Ki pointed out that this "frenzy" phase usually lasts from 3 to 12 months, but there are exceptions, such as the bull trap in November 2021.Ki indicated that this phase began two weeks ago, and the market is at a critical point. Shorting may capture opportunities near the top or could lead to misjudgments at the bottom of a parabolic rise.

ChainCatcher news, Tether announced it will invest in Quantoz Payments to launch a stablecoin compliant with MiCAR standards.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on the X platform that the trading volume of retail-level Bitcoin (under $100,000) has reached a three-year high, indicating the entry of retail investors.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that retail investors are coming, and the trading volume of Bitcoin below $100,000 has reached a three-year high.

ChainCatcher news, CryptoQuant analyst MAC.D stated that Bitcoin spot ETFs have accumulated 5.3% of the total existing Bitcoin supply, with holdings increasing from 629,900 BTC at the beginning of the year to 1,050,000 BTC, an increase of 425,000 BTC. This growth has raised the ETF holdings from 3.15% of the total Bitcoin supply to 5.33% within 10 months.Data tracked by MAC.D also shows a correlation between Bitcoin accumulation through spot Bitcoin ETFs and price movements, particularly during price increases in March and November.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the previous prediction of a short-term adjustment in the crypto market was incorrect, but at that time it was not suggesting a bear market, just believing that the market would experience a correction.Ki Young Ju stated that we are currently in a bull market, and Bitcoin will rise. Based on the cumulative capital flowing into the Bitcoin market, the current price ceiling seems to be $135,000.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that cryptocurrency traders are like gamers, and Web3 projects are their game developers. Creating engaging experiences in Web3 is more of an art than a business; for dopamine-driven individuals, making money is the ultimate game.Currently, meme coins dominate the cryptocurrency market, as most altcoins lack a strong narrative based on fundamentals, but a stablecoin-driven Web3 ecosystem is emerging—this is a new genre for analytical investors. Just as RPGs and FPSs are distinctly different, this future is very close, eager to dive in and seek alpha through on-chain data.

ChainCatcher news, CryptoQuant analyst G a a h stated that the BTC reserves on exchanges have hit the lowest level since November 2018, and the market may see a trend of Bitcoin appreciation.

ChainCatcher news, according to The Block, since the U.S. presidential election, Bitcoin has surged to a new high of over $93,500, with some large miners taking the opportunity to profit by selling part of their Bitcoin, approximately 2,000 coins sold last week.However, CryptoQuant analysts believe that Bitcoin is still undervalued, as valuation indicators do not show it to be overvalued, and with increasing market demand and improving liquidity, it is expected to soon challenge $100,000.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform: "The leverage ratio in the BTC-USDT perpetual contract market is too high, 2.7 times higher than at the beginning of this year, setting a new historical high. I have carefully checked the data, and it is accurate. Stay cautious."

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the volatility in the Bitcoin market is increasing. During the price discovery phase, the order book is often thin due to a lack of consensus on support and resistance levels. This led to multiple price fluctuations during the last bull market cycle. Currently, there is almost no trading volume above $72,000 for Bitcoin, making it easy to rise and fall.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that two years ago he disclosed the FTX "run" data, helping investors avoid the impact, and FTX stopped user withdrawals two days after the data was disclosed.However, many crypto influencers fiercely attacked him at that time, but later everyone deleted their comments.

ChainCatcher news, according to Cointelegraph, CryptoQuant founder and CEO Ki Young Ju recently explained that although the supply of stablecoins continues to grow, the new trading volume is insufficient to create enough buyer liquidity to drive up Bitcoin prices.He pointed out that the current exchange reserve ratio of Bitcoin to stablecoins is about 6:1, which means that the amount of Bitcoin held on exchanges is six times that of stablecoins. In September 2021, the value of stablecoin reserves was approximately $30 billion.Currently, the total market capitalization of stablecoins is about $166 billion, but only 21% of stablecoins are used for trading, far below the 50% in 2021. Ki Young Ju believes that although the supply of stablecoins continues to grow, in the current market cycle, stablecoins are primarily used for other purposes rather than trading.

ChainCatcher news, CryptoQuant analysts indicate that Binance futures whales have shown strong buying momentum. Recently, the Binance futures market has experienced the strongest buying pressure since September of last year. The same pattern is observed not only in Bitcoin but also in Ethereum.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on the X platform stating that stablecoins alone cannot provide sufficient buyer liquidity for Bitcoin. The ratio of BTC to stablecoins is 6.05, which means the BTC reserves are six times that of stablecoins, similar to the last ATH. ETF flows and Coinbase dollar liquidity will be crucial in the coming months.