CEO CryptoQuant named the prices at which different market participants bought bitcoin.
Whales bought the first cryptocurrency at an average price of $25,000, Ki Young Ju said.
The average cost of buying bitcoin by "old whales" is $25,000. This was stated by the CEO of the analytical platform CryptoQuant Ki Young Joo.In addition, he named the prices at which various market participants bought bitcoin, namely:
ETF and custodial wallets - $89,000;
Traders on Binance — $59,000;
Mining companies - $57,000 (the transition of this level during previous falls confirmed the bear market);
"Old whales" - $25,000 (this level has never been violated).
Earlier, the CEO of CryptoQuant said that this "bitcoin bull market" could be the longest in history, as new sources of liquidity constantly fuel the market. At the time of writing, the first cryptocurrency is trading near the $95,800 mark.#CEO #CryptoQuant #Squar2earn #Write2Earn #GeopoliticalImpactOnBTC $USDC