Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
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