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CryptyQuant report: Bitcoin whale increases holdings by 6.3% per month, the fastest rate since April 2023

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2024-07-10 13:45:30
CryptyQuant reports that the Bitcoin Whale is increasing its holdings of Bitcoin at a rate of 6.3% per month, the fastest rate since April 2023, indicating rising demand for Bitcoin. CryptoQuant reports that it may take longer for the Bitcoin price to bottom and start a new round of rally, as the liquidity growth of stablecoins is still not in full swing. Stablecoin liquidity is a necessary condition for price increases.
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