Capital Inflows into Bitcoin Have Dried Up, Says CryptoQuant CEO

Bitcoin capital inflows have completely dried up according to CryptoQuant CEO Ki Young Ju, who notes institutional treasury positions like MicroStrategy's 673,000 BTC have fundamentally altered market cycles, while Glassnode reports realized profits dropped to $183.8 million daily from over $1 billion in Q4 as whale exchange activity remains subdued.

The post Capital Inflows into Bitcoin Have Dried Up, Says CryptoQuant CEO appeared first on Cryptonews.