Tag - cryptoquant
05Apr

CryptoQuant: Bitcoin exchange reserves hit record low

Bitcoin exchange reserves have plummeted to its lowest levels since early 2021, indicating that holders could store BTC another way. More than 90,700 bitcoin have been withdrawn from major cryptocurrency exchanges over the past month, reveals CryptoQuant, stressing a reduction in Bitcoin’s liquid supply and hinting at a long-term holding strategy among investors. According to data from CryptoQuant,...

By Bitcoin, Crypto, World, , 0 CommentsRead more...
21Mar

CryptoQuant: US government holds 210k Bitcoins with $14.4b unrealized profit

The U.S. government’s holdings of 210,392 BTC worth $14.4 billion make the country one of the largest holders of the coin. The head of CryptoQuant, Ki Young Ju, noted that the U.S. Department of Justice, the Internal Revenue Service, and other departments have not sold a single Bitcoin (BTC) since July 2023. The government’s unrealized profits...

By Bitcoin, Crypto, World, , , 0 CommentsRead more...