CryptoQuant CEO: Bitcoin trading volume on Coinbase fell over the weekend
2024-12-02 21:48:54
CryptoQuant CEO Ki Young Ju posted on the X platform that since institutional brokers mainly trade on weekdays, Bitcoin trading volume on Coinbase decreases on weekends, and users can measure institutional activity by comparing the average of weekdays and weekends. This gap has widened significantly over the past two years. Unless this trend reverses, avoid shorting BTC (as it will be liquidated by Michael Saylor and ETFs).
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