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CryptoQuant founder: Bitcoin miner surrender is still underway, and the market may remain flat in 2-3 months

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2024-07-09 17:04:26
Ki Young Ju, founder and CEO of CryptoQuant, posted that the surrender of bitcoin miners is still in progress. Historically, this ratio ended when the average daily mining value reached 40% of the annual average, but now the ratio figure is 72%. Expect the cryptocurrency market to perform flat in the next 2-3 months, remaining long-term bullish, but avoiding excessive risk.
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