Search results for Julio Moreno
Crypto
Bitcoin could rebound on claims of excessive undervaluation; diverges from M2 money supply fair value
Bitcoin is trading well below an estimated fair value based on global M2 money supply and its ratio to gold, according to an analysis cited by Cointelegraph. Trader and YouTuber RobinHD said bitcoin has been mispriced on a global liquidity basis in 2026 and is in an unusually undervalued zone. Others challenged the M2 link, citing data limitations and distortions, and pointed to past cycles that did not align with M2 peaks.
Crypto
South Korea bitcoin demand jumps; realised profits largest in five months
Bitcoin demand on South Korean exchanges has strengthened again, pushing the so-called kimchi premium close to 2 percent, according to figures cited in the report. CryptoQuant’s Korea Premium Index rose to 1.98 percent on May 7, its highest since late February. On-chain data also showed a pickup in profit-taking, including 14,600 BTC sold at a realised profit on May 4, the largest daily figure since Dec. 10, 2025.
Crypto
Bitcoin rebound spurs surge in whale exchange deposits; CryptoQuant warns of bull trap
Large Bitcoin holders have sharply increased deposits to exchanges during the rebound, an analysis showed, quickly adding to selling pressure. CryptoQuant research head Julio Moreno warned the rise could end as a bull trap. Hourly exchange inflows reached about 11,000 BTC, the highest since late December 2025, while the average deposit rose to 2.25 BTC and large deposits’ share climbed to 40 percent. Attention is on $76,800 as resistance, with $67,600 seen as the next support if it fails.
