According to a report by Jinse Finance, Julio Moreno, the research director of Crypto Quant, stated in a post on the X platform that short traders dominate the market today. As the price drops, the open contracts for Bitcoin and Ethereum have both increased significantly.

According to a report from Golden Finance, Julio Moreno, the head of research at Crypto Quant, stated in a post on X platform that there are signs indicating that ordinary Bitcoin miners are facing pressure after the halving. Due to the sharp decrease in income after the halving, miners' current income is at its lowest since the COVID crash in March 2020. Therefore, the hashrate drop led to the fourth negative difficulty retargeting of the BTC network this year. In fact, we can indirectly see the hashrate drop through the -5.6% difficulty retargeting, which is the largest downward adjustment since November 2022 (one month after the FTX crash).

Coin Network Report: This week, the global stock market and Crypto Assets market continued to Rebound, among which the quarterly results of TSL, Visa and other companies boosted market confidence. Crypto Assets such as IOTA, Floki Inu, Cardano, and Quant all pumped. However, IOTA faces network performance challenges, ShimmerEVM platform development is hampered, and Cardano's 50-100-day moving average creates a death cross that could trigger further downside. Quant continued to pump after forming a hammer reversal, focusing on the support level of $130 in the future.

Bitcoin Whale exhibit different behaviors than past cycles, but why? on-chain data suggests that Bitcoin Whale exhibited a different behavior in terms of trade inflows compared to the previous cycle. That's why it's so. As one analyst explained in a CryptoQuant Quicktake post, this time the BTC Whale moves differently compared to the previous cycle. The metric of interest here is "Exchange Inflows", which tracks the total amount of Bitcoin transferred to all Centralized Exchange affiliated wallets. In the context of the current discussions, derivation platforms are of particular interest. When the value of this indicator is high, it means that investors deposit a large amount of money on these exchanges. This trend usually indicates a high demand for the services offered by these derivatives trading. In general, the unusual spikes in this indicator are related to the movement of whales, because only these huge holders can cause such a big change. On the other hand, when the value of this metric is low, it indicates that the Whale is not depositing anything significant with these platforms, which may indicate that they do not want to take risks in terms of derivatives. Now, Figure 1 is a chart shared by this quant, which shows Bitcoin trading inflows from derivatives trading exchanges. The indicator in the graph also has another condition attached: it only tracks inflows from whales that have been held for at least 1 month and longest for 3 months. These will be Newbie Whale on the market, but not so new that they only buy them (those Whale that have been held for less than 1 month). Limiting this time frame also excludes data from traders who make a lot of fluctuations in a short period of time on average. As the analyst highlights in the chart, when speculation peaks, such whales usually flow heavily into derivatives platforms around the significant tops and bottoms of crypto assets. But interestingly, although the Crypto Assets has broken through its previous all-time high (ATH), it hasn't seen such a big spike in inflows this year. One explanation could be that the Whale is not interested in taking any real action right now. However, the more likely reason may be that spot trading traded funds (ETFs) now exist. Spot ETF Holds Bitcoin on behalf of clients and gives them indirect access to Crypto Assets in a way that traditional investors are familiar with. ETFs have created huge demand for assets and are quickly becoming an important part of the market. With this new investment vehicles, the usual Crypto Assets exchange may no longer have the same correlation as the asset. This is probably why the patterns that existed in the last Bitcoin cycle seem to have disappeared from the current cycle. Bitcoin is trading at around $66,100 and has fall more than 8% over the past week. (Source: Keshav Verma)

Ki Young Ju: Bitcoin's next cyclical top could exceed our expectations Ki Young Ju, CEO of data research firm Crypto Quant, said on social media that Bitcoin is currently in the price discovery phase. In the event of a sell-side liquidity crisis, Bitcoin's next cyclical top could exceed our expectations due to limited sell-side liquidity and scarce order volumes. This will happen if the cumulative address reaches about 3 million BTC.

According to Ki Young Ju, the founder of Crypto Quant, Bitcoin could reach $112,000 this year due to the inflow of funds from ETFs. The worst-case scenario would be $55,000.

Crypto Quant founder Ki Young Ju said on social media that BTC's decline was due to a sell-off in the Derivatives market, not GBTC. The OTC trading market is very active, but it has no impact on prices. When on-chain OTC trading and spot ETF activity decreases, the Bull Market begins when reaccumulation is completed.

PANews reported on January 22 that according to CertiK _ monitoring, the attackers of crypto quant company Kronos Research once again deposited 500 ETH (about $1.2 million) to Tornado.cash, bringing the total deposit to about 1215 ETH. The attackers still hold 11,800 ETH (about $28 million) of stolen funds in 5 wallets. Previously, it was reported in November last year that Kronos Research lost more than 13,000 ETH in the attack, which was worth about $25 million at the time.

Crypto Quant founder Ki Young Ju said on social media that CBDC and stable coins may be widely used at first, but people will eventually return to Bitcoin. Privacy is important, especially for wealthy people.

Julio Moreno, head of research at Crypto Quant, tweeted that there is a claim that the current pullback in Bitcoin prices is due to GBTC's sale of Bitcoin. In fact, GBTC has sold about 60,000 Bitcoin, and other ETFs have collectively bought about 72,000 Bitcoin. It is Bitcoin holders (short-term traders and whales) who sell Bitcoin because they take profits after last year's Rebound (ETF approval is a "sell news" event).

According to Crypto Quant founder Ki Young Ju on social media, Bitcoin is in the distribution phase and has not yet been fully distributed to retailers. A short-term correction is possible, and the long-term Bull Market cycle continues until it is fully distributed.

Kronos Research, a crypto quant company, said on social media that the attack caused a total of $26 million in losses, and all losses will be borne internally, and no partners will be affected. Priority will be given to providing liquidity services to exchanges and token projects.

According to a report by 36Kr on November 13, the end-to-end AI independent manufacturing factory "Quant" of precision components has recently completed an angel round of financing of tens of millions of yuan. This round of financing will be used for core technology research and development, promoting the intelligent transformation of the industry, team building and operation and business development.

According to the China Securities Taurus report, on October 26, in response to the rumor at the beginning of the year that "the High-Flyer Quantization AGI model is being developed", High-Flyer Quant related people said that because the large model research involves a large amount of data, as well as computing power allocation and coordination, the research and development is still in progress, and the model development is similar to OpenAI's ChatGPT. Regarding the subsequent development direction of High-Flyer Quant, the person said: "In the future, the research business of High-Flyer Quant will be managed by two parallel companies under the same actual controller with artificial intelligence and private equity business, and both businesses will be important directions for High-Flyer Group in the future." ”

Golden Finance reported that Ki Young Ju, CEO of crypto data analysis platform Crypto Quant, posted on social platforms that South Korea’s per capita crypto asset holdings are US$5.7 million.

Golden Finance reported that Ki Young Ju, CEO of crypto data analysis platform Crypto Quant, posted on social platforms that South Korea’s per capita crypto asset holdings are US$5.7 million.

Odaily Planet Daily News Swiss investment consultant 21e6 Capital found in a research report focusing on cryptocurrency hedge funds in the first half of 2023 that operators of encrypted hedge fund companies found themselves in a dilemma: the rate of return rose, but the amount of financing but fell. According to 21e6 Capital, most funds are returning positively, but in many cases, that's not enough to attract capital. Targeted funds have underperformed Bitcoin as it rallied in the first half of the year. Quantitative strategies and futures-focused products also lag behind bitcoin, which surged about 84% from January to June. “In our regular conversations with cryptocurrency funds, we sense that after a strong start to the year, sentiment among their LPs/investors remains below expectations. Many funds have indeed lagged the market and are now more Difficult to demonstrate value proposition to potential investors". According to industry insiders, many Wall Street capitals have stopped the checks they had planned to write, and some continued to stay on the sidelines, partly because U.S. regulatory uncertainty has clouded the outlook for the encryption industry. (Blockworks) According to previous news, according to data from Swiss investment consultant 21e6 Capital AG, there have been more than 700 cryptocurrency funds around the world this year, of which 97 have closed. While the funds returned an average of 15.2 percent in the first half of the year, their performance lagged bitcoin's 83.3 percent gain. “Targeted funds are doing well, but lagging behind Bitcoin,” said Maximilian Bruckner, head of marketing and sales at 21e6. “While many funds have had to slow down operations due to regulatory uncertainty, discretionary crypto funds have not faced this problem. .” Meanwhile, quant funds have been crushed by “volatile” markets.

Odaily Planet Daily News According to Bloomberg News citing data from Swiss investment consultant 21e6 Capital AG, there have been more than 700 cryptocurrency funds around the world this year, of which 97 have closed. While the funds returned an average of 15.2 percent in the first half of the year, their performance lagged bitcoin's 83.3 percent gain. “Targeted funds are doing well, but lagging behind Bitcoin,” said Maximilian Bruckner, head of marketing and sales at 21e6. “While many funds have had to slow down operations due to regulatory uncertainty, discretionary crypto funds have not faced this problem. .” At the same time, quant funds were crushed by "volatile" markets. (the block)

Jinse Finance reported that according to Bloomberg, citing data from Swiss investment consultant 21e6 Capital AG, there have been more than 700 cryptocurrency funds worldwide this year, but since the beginning of 2023, 97 funds (accounting for 13%) have closed crypto funds. Moreover, the average return for these crypto funds in the first half of the year was 15.2%, lagging behind Bitcoin's 83.3% gain. Many funds are holding more cash than usual due to last year's turmoil in the industry, the report said. Funds with a market-neutral strategy were the worst performers, with an average return of just 6.8 percent over the January-June period, said Maximilian Bruckner, head of marketing and sales at 21e6. Funds that made directional bets returned an average of 21.9 percent. But the performance still lags behind Bitcoin. While many funds have had to slow down operations due to regulatory uncertainty over popular banking partners and fund governing bodies, discretionary crypto funds do not face this problem, while quant funds are more susceptible to volatile markets suppression.

Jinse Finance reported that Crypto Quant CEO Ki Young Ju said on social media that I still believe that due to redemption issues, billions of dollars in TUSD have been injected into BTC and ETH. This is good for the market because as long as TUSD is legit, it will generate forced buying and drive prices higher. Additionally, exchanging other stablecoins for fiat can be a challenge, especially for non-U.S. citizens. For example, Chinese users may prefer to hold BTC and redeem smaller amounts through local cryptocurrency exchanges or OTC desks rather than using small banks.