💬 Mt.Gox FUD is “overrated” according to CryptoQuant analyst and CEO Ki Young Ju.
He believes that bitcoin whales will continue to accumulate more Bitcoin.
“Since 2023, $224 billion worth of#Bitcoinhas been sold, while the price has increased by 350%.”
“Even if the $3 billion of Mt. Gox is sold on Kraken, that only represents 1% of the capitalization increase realized in this bull cycle – manageable liquidity.”
🗞 Cointelegraph
