Ki Young Ju says BTC exchange traders see biggest unrealized gains this cycle

CryptoQuant CEO Ki Young Ju said Bitcoin traders on exchanges have posted their largest unrealized gains of the current cycle. In a post on X, Ki added that unlike in the past, spot ETFs and accumulating companies, "DAT," served as exit liquidity for exchange traders, and their structural buying gave traders profits. Ki said the scale of unrealized gains recorded by exchange traders is around three times the 2021 peak.