CryptoQuant founder: Bitcoin miner surrender is still underway, and the market may remain flat in 2-3 months
Ki Young Ju, founder and CEO of CryptoQuant, posted that the surrender of bitcoin miners is still in progress. Historically, this ratio ended when the average daily mining value reached 40% of the annual average, but now the ratio figure is 72%. Expect the cryptocurrency market to perform flat in the next 2-3 months, remaining long-term bullish, but avoiding excessive risk.