An analyst named Ki Young Ju, who is the founder and CEO of the crypto analytics service CryptoQuant, has given a positive assessment of the Seychelles-based crypto exchange KuCoin. Despite facing criminal allegations and user concerns over its reserves, Ki Young Ju stated that KuCoin seems to be handling withdrawals well and has enough reserves to process them without mixing customer funds. Comparing KuCoin's reserves to the now-defunct exchange FTX, Ju noted that KuCoin has maintained a clear separation between customer funds and its own reserves. This analysis comes in the midst of legal troubles for KuCoin's founders, Chun Gan and Ke Tang, who are accused of neglecting an Anti-Money Laundering program. The market response to these allegations has been relatively calm, with the Crypto Fear and Greed Index showing high levels of greed. Concerns over the reserves of exchanges like KuCoin can lead to significant withdrawals by users, as seen in the case of FTX. Market reactions to these concerns can have a ripple effect, impacting the wider cryptocurrency market.
KuCoin Analysis by CryptoQuant CEO

by Giorgi Kostiuk
2 years ago

Other news
Chainalysis Releases New Research Report on Cryptocurrency

Chainalysis has recently published a research report that focuses on various aspects of cryptocurrency, providing valuable insights into current trends in the market.

ETHBTC Ratio Falls to Early 2023 Levels, Raising Investment Questions

The ETHBTC ratio has dropped to 0.027, bringing it back to early 2023 levels, raising questions about Ethereum's market position relative to Bitcoin.

ETHUSDT Chart Signals Bearish Correction Amid Market Concerns

The ETHUSDT chart indicates a bearish correction following a strong weekly open, suggesting a deeper pullback may be needed.

XRP Approaches Critical Support Zone

XRP is currently trading at a significant support area that may influence its next major price movement.

Hyperliquid ETFs Gain Attention with $158 Million in Assets

Three Hyperliquid ETFs launched in May 2026 have accumulated $158 million in combined assets, drawing attention from traders.

Bitcoin Approaches Key Resistance Level at $64,100

Bitcoin is currently approaching a significant local resistance level at $64,100, following an 11% correction.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter