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CryptoQuant CEO: CEX customer BTC balance rose 25% this year
CryptoQuant CEO Ki Young Ju stated in a post on X that despite years of fear, uncertainty and doubt, the BTC balance of CEX customers has risen by 25% this year. It accounts for 40% of the BTC reserve market share in the global exchange and continues to rise every year. Losing CEX will make it difficult for the global encryption ecosystem to recover for a period of time.