That means there’s a lot of sidelined capital ready to be deployed when momentum picks up again, according to analyst Alice Liu.Crypto markets are sitting on a powder keg that could soon blast prices higher.
“A lot of people want to keep cash on the side – both crypto degens and institutions,” Liu said. “It’s almost similar to Warren Buffett holding cash on the side, waiting to buy at any point.”holding nearly $277 billion in cash at the end of the second financial quarter. That’s a 46% increase from the $189 billion that it was sitting on in the first quarter.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: