Bitcoin Market Dynamics: Insights from On-Chain Data

According to BlockBeats, CryptoQuant CEO Ki Young Ju has shared insights based on recent on-chain data regarding Bitcoin. The unrealized profits of Bitcoin whales are not excessively high, suggesting either that market hype has not yet peaked, or that the market's size now limits high profit margins. Bitcoin's hash rate continues to reach new heights, with approximately 5. 96 million ASIC miners online source: https://www.binance.com/en/square/post/31874876344257?utm_source=BinanceNewsRSS