CryptoQuant CEO links rising Bitcoin hashrate to institutional-backed miners
CryptoQuant chief executive Ki Young Ju said Bitcoin's rising hashrate is an “indirect bullish signal,” according to Cointelegraph, which reported that public miners backed by major traditional-finance players are coming back online and boosting the network's hashrate. The report presented the hashrate increase as a positive sign for Bitcoin's fundamentals.
Only one publisher so far. Another independent outlet or an official source would raise it.
core coin BTC
No time pressure
Three separate rule-based signals. None is the probability that the report is true. How they work →
Key facts
Attributed sources: Cointelegraph
BTC after this site detected it
- 5 minutes-0.14%Gate · USDT
- 1 hour+0.34%Gate · USDT
- 24 hours—Window not complete
Claims and open questions
What sources claim
- CryptoQuant CEO Ki Young Ju described rising Bitcoin hashrate as an “indirect bullish signal,” Cointelegraph reported.
- Public miners backed by major traditional-finance players are coming back online and boosting Bitcoin's hashrate, per the report.
- Ki Young Ju characterized the hashrate increase as a positive sign for Bitcoin's fundamentals, Cointelegraph reported.
Still unresolved
- Which specific miners are returning online, and how much hashrate they have added, was not quantified in the report; mining-operator announcements or on-chain hashrate data would confirm it.
- CryptoQuant has not published a public note with figures behind the “indirect bullish signal” framing, which would clarify whether it rests on hash-rate data alone or additional metrics.
Model-assisted explanation; citations, numbers and output format are checked. This is not independent semantic verification.
Source evidence
cointelegraph.com
Published 22/10/2026, 13:42 · Received 22/10/2026, 13:47
Original source titles remain in their source language. Full articles are not republished.
Market reaction after detection
Returns start at the sample closest to site detection (within the same minute up to 10 minutes later), using the same data source and quote currency. Actual sample times are shown; missing observations remain blank.
| Window | Return | Actual sampled interval / source |
|---|---|---|
| 5 minutes | -0.14% | 22/10/2026, 13:47 → 22/10/2026, 13:52 (UTC) Gate · USDT |
| 1 hour | +0.34% | 22/10/2026, 13:47 → 22/10/2026, 14:47 (UTC) Gate · USDT |
| 24 hours | — | Awaiting a complete valid window |
Historical market context
Research: hourly returns and BTC beta →
Closed hourly candles from the 30 days before this event observation. Different venues are kept separate.
| Metric | Value |
|---|---|
| Hourly coverage | 100.0% (720/720) |
| Median absolute 1h return | 0.15% |
| 99th percentile of absolute 1h returns | 1.23% |
OKX · USDT · Context as of 22/10/2026, 13:47 · Last included candle closed 22/10/2026, 13:00
Hourly descriptive statistics, not minute-move probabilities. Backfilled history never moves the observation cutoff above.
Event timeline
Source publication, receipt and analysis times are separate. All times UTC.
Source published: Cointelegraph
Source received: Cointelegraph
Event first detected by this site
Evidence record updated
English explanation generated
Latest content update
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