Opinion: There is no sign that ancient BTC whales have deposited a large amount of BTC into exchanges
Cryptoquant CEO Ki Young Ju stated that Ancient Bitcoin whales are still sleeping. Moving bitcoins dormant for 7+ years has historically triggered market volatility, depending on source and destination. (Mt. Gox excluded in this chart) If you were an ancient whale, what would you do now?
Ki Young Ju believes that No signs of significant BTC deposits to exchanges from these ancient whales as well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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