"The cryptocurrency market continues to experience difficulties. According to CryptoQuant, Bitcoin whales sold $1 billion worth of coins in July alone. Traders are now sitting on unrealized losses of 17% - the largest figure since December 2022. Miners also remain in the capitulation phase ", continuing the sales. CryptoQuant CEO Ki-Young Ju suggests that crypto markets may remain "boring" for another 2-3 months. Always remain optimistic, but avoid taking excessive risks!"