CryptoQuant CEO: The US government's sale of 4,000 bitcoins is unlikely to have an impact on the market
2024-06-26 21:31:04
CryptoQuant CEO Ki Young Ju wrote on the X platform that the US government sold 4,000 bitcoins, but it is unlikely to have any impact on the market. Because Coinbase Prime can handle 20,000 to 49,000 BTC of seller liquidity per day when spot ETF inflows are high, and 6,000 to 15,000 BTC per day when spot ETF inflows are low. Ki Young Ju said: "Posting this post because I am tired of government selling FUD".
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