š Bitcoin Whales Holding Tight! š
According to CryptoQuant's Ki Young Ju, Bitcoin whales aren't ready to dump their treasures just yet. New whales (holding BTC for <5 months) would only see a 1% profit if they sold now. Meanwhile, seasoned whales (holding >5 months) have an Unrealized Profit Ratio of 1.27 but still haven't hit the jackpot.
Why the hold-up? Ju suggests they're waiting for retail investors to pump up the liquidity. So, no whale-sized dumps until then!
What do you think? Will retail investors save the day? Drop your thoughts below! š¬