Analyst: Since July 2024, over 550,000 BTC have been withdrawn from the platform, and the whales have not fully gotten on board or the bull run is approaching.

According to BlockBeats news on June 10, Cryptoquant analyst Baykus stated that since July 2024, over 550,000 BTC have been withdrawn from trading platforms. As the number of Bitcoins on trading platforms decreases, the price of Bitcoin continues to rise. Bitcoin is no longer viewed merely as a speculative asset; it is becoming digital gold. People are buying Bitcoin not for short-term gains, but for long-term holding. If Bitcoin continues to be withdrawn from trading platforms, its price may further rise. Currently, large investors (Whales) have not fully entered the market. "Quiet accumulation" may be the precursor to a large-scale bull run.

BTC-0.34%
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CoinKingTrueAndFalsevip
· 06-10 09:06
Just go for it💪
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