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Ki Young Ju: Bitcoin short-term holders face reduced pressure to sell at loss

Ki Young Ju: Bitcoin short-term holders face reduced pressure to sell at loss
Bitcoin holder selling pressure eases

Ki Young Ju, founder & CEO at CryptoQuant, states that Bitcoin short-term holders are no longer experiencing pressure to sell at a loss.

This observation highlights a change in market sentiment for those recently buying Bitcoin.

Earlier, Ki Young Ju noted that Bitcoin futures open interest was rising, but spot demand remained weak despite ETF inflows. In his view, this suggested a divide between derivatives activity and direct buying. The observation was detailed in a recent report.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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