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These Whales Ignited the 2021 Bull Rally in Bitcoin: They're on the Move Again! CryptoQuant CEO Ki Young Ju drew attention to similar movements of Bitcoin whales in 2024 and 2020 and shared his bullish expectation. Ki Young Ju, CEO of on-chain data and analytics platform CryptoQuant, said in a post on Twitter on May 31 that the weather in Bitcoin is the same as in 2020. Young Ju said that in 2020, Bitcoin's high on-chain activities were around 10 thousand dollars, and it later turned out that it rose to those levels with agreements from over-the-counter markets. Comparing it to the current picture, the famous CEO made the following statements: Now, despite the low price volatility, on-chain activity remains high, with $1 billion being added daily to new whale wallets, likely being stashed away in custody. The fact that there was no increase in the price despite Bitcoin savings and ETF approval was one of the topics talked about on social media. While the data provided by the CEO of CryptoQuant was a little refreshing, it was among the points that came to mind that the altcoin rally that came in 2021 could come in early 2025. In line with the accumulations in 2020, Bitcoin had a big boom in 2021 and reached the highest level of all time at that time, reaching up to 69 thousand dollars.

These Whales Ignited the 2021 Bull Rally in Bitcoin: They're on the Move Again!

CryptoQuant CEO Ki Young Ju drew attention to similar movements of Bitcoin whales in 2024 and 2020 and shared his bullish expectation.

Ki Young Ju, CEO of on-chain data and analytics platform CryptoQuant, said in a post on Twitter on May 31 that the weather in Bitcoin is the same as in 2020.

Young Ju said that in 2020, Bitcoin's high on-chain activities were around 10 thousand dollars, and it later turned out that it rose to those levels with agreements from over-the-counter markets.

Comparing it to the current picture, the famous CEO made the following statements:

Now, despite the low price volatility, on-chain activity remains high, with $1 billion being added daily to new whale wallets, likely being stashed away in custody.

The fact that there was no increase in the price despite Bitcoin savings and ETF approval was one of the topics talked about on social media. While the data provided by the CEO of CryptoQuant was a little refreshing, it was among the points that came to mind that the altcoin rally that came in 2021 could come in early 2025.

In line with the accumulations in 2020, Bitcoin had a big boom in 2021 and reached the highest level of all time at that time, reaching up to 69 thousand dollars.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Bitcoin’i 2020’de Zirveye Taşıyan Balina Verisi Tekrarlanıyor: Yeni ATH Yakın Mı? Kripto para borsası Bitfinex’in analistleri, Bitcoin balina aktivitesinin fiyat üzerindeki olası etkisine değindi. Bifinex analistleri tarafından kısa süre önce paylaşılan bir notta, Bitcoin balina aktivitesine yer verildi. Balinaların hızla Bitcoin biriktirmeye devam ettiği kaydeden analistler, bu verinin son 2 ayın zirvesine çıktığını vurguladı. Aynı durumunda daha önce 2020 yılında yaşandığını belirtilirken o dönemdeki balina aktivitesinin fiyatı zirveye taşımaya yettiği belirtildi: Bu yükseliş hissiyatına bir katman daha ekleyerek, Bitcoin ‘balinaları’ da 2020 öncesi boğa koşusunu anımsatan bir hızda Bitcoin biriktiriyor. Son iki ayın en yüksek seviyesine ulaşan bu birikim, Bitcoin bakiyelerinde yeni bir tarihi zirveye yol açtı. Birkaç katalizör fiyatı yukarı taşıabilir Geleceğe doğru bir bakış atan analistler, spot Bitcoin ETF işlemlerinin ve uzun vadeli yatırımcıların alım baskısı yaratacağını ve faiz indirimi beklentileriyle birlikte kripto para piyasasına can geleceğini savundular: İleriye baktığımızda, birkaç faktör potansiyel olarak Bitcoin’in yukarı yönlü yörüngesini yeniden canlandırabilir. Bunlar arasında ortalama günlük ETF alım aktivitesinde artış, uzun vadeli sahiplerden gelen satış baskısında azalma ve beklenen faiz indirimi ile tetiklenebilecek likidite artışı yer alıyor.
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