BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

CryptoQuant CEO Reveals How Whales Prepare for Market Fluctuations

by Dan K
Dec 5, 2023 - 8:00 pm
in Blockchain
Graphical representation of whale investors' strategies in the cryptocurrency market, as analyzed by CryptoQuant CEO Ki Yong Ju.

Introduction

CryptoQuant CEO Ki Yong Ju recently shed light on how whale investors, the major players in the cryptocurrency market, have been preparing for significant market changes. This comes amid the recent growth observed in the crypto market towards the end of 2023.

Whales and the Accumulation Phase

Ju pointed out that whales began to open most of their long positions when Bitcoin (BTC) hit the $29,000 mark. This accumulation phase reportedly started in early August 2023. He also noted the significant entry of whales into the market following the FTX crypto exchange collapse in November 2022, marked by increased cryptocurrency transfers to derivative trading platforms.

Whale Activity Surge in the United States

A notable surge in whale activity was observed in the United States in October 2023. This was evidenced by increased markups on the Coinbase premium index and assets on the Chicago Mercantile Exchange (CME).

Retail Investors and Market Supply

Despite these movements, retail investors have seemingly remained on the sidelines. Ju suggests that in such a scenario, the supply of BTC might struggle to meet the demand from these large investors, implying that whales are likely to hold onto their coin reserves.

Recent Market Highs

As of December 4-5, BTC reached a yearly high, trading above $42,000, its highest level since April 2022. Over the past month, Bitcoin’s value has increased by nearly 19%, and since the beginning of 2023, its price has more than doubled. This surge is largely attributed to expectations of U.S. approval for exchange-traded funds (ETFs) allowing direct investment in cryptocurrencies by large institutional investors.

Conclusion

Ki Yong Ju’s insights offer a unique glimpse into the strategies employed by whale investors in the cryptocurrency market. As the market continues to evolve, understanding these tactics becomes crucial for both investors and analysts alike.

Tags: BitcoinBullMarketWhale
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

Arthur Hayes speaking about Bitcoin as Japan’s new Prime Minister announces economic stimulus measures

Arthur Hayes Predicts $1M Bitcoin as Japan’s New PM Unveils Economic Stimulus

October 22, 2025

Arthur Hayes predicts Bitcoin could hit $1M as Japan’s new PM Sanae Takaichi launches economic stimulus, signaling potential...

blockchain

Bolivia’s President-Elect Rodrigo Paz Turns to Blockchain to Fight Corruption

October 20, 2025

Bolivia’s new president Rodrigo Paz plans to use blockchain in public procurement and crypto asset declarations as part...

Metaplanet and Bitcoin Magazine logos, symbolizing their new partnership to expand operations in Japan.

Japan Moves Toward Allowing Banks to Buy Bitcoin Under New Regulatory Framework

October 19, 2025

Japan’s regulators are reviewing changes that could let banks buy and hold Bitcoin, signaling a major shift in...

24H HOLD token price chart showing 35% surge despite market pullback

Crypto markets surge as Trump confirms October 31 summit with Xi Jinping

October 19, 2025

Crypto markets rebound after Trump confirms October 31 summit with Xi Jinping, easing US-China tensions and sparking optimism...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service