According to BlockBeats news, Ki Young Ju, CEO of the encrypted data analysis platform CryptoQuant, recently stated on social platforms that the circulation speed of Bitcoin has dropped to its lowest point in the past three years. This phenomenon is twofold: on the one hand, this can be seen as a positive, because whales continue to hold Bitcoin; on the other hand, it can also mean a negative, because Bitcoin is not transferred to new investments. in hands.

To maintain an optimistic attitude in the market, we can think that this phenomenon shows that whale users still have strong confidence in Bitcoin, and they choose to hold it for a long time, which has positive significance for the stability of the Bitcoin market. However, we should also pay attention to the decrease in the circulation velocity of Bitcoin in order to promptly detect possible problems in the market and take appropriate measures to adjust. Overall, the Bitcoin market still has huge development potential and deserves our continued attention.