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CryptoQuant Founder: Bitcoin Inflows Exhausted, Expected to Consolidate in Coming Months
Summary: According to reports, CryptoQuant founder Ki Young Ju stated on X platform that inflows into Bitcoin have dried up. With more diverse liquidity channels, timing inflows has become meaningless. Long-term institutional holders have ended the previous cycles of whales and retail selling, with MicroStrategy not selling any significant portion of its 673,000 BTC holdings. Funds ...
According to reports, CryptoQuant founder Ki Young Ju stated on X platform that inflows into Bitcoin have dried up. With more diverse liquidity channels, timing inflows has become meaningless. Long-term institutional holders have ended the previous cycles of whales and retail selling, with MicroStrategy not selling any significant portion of its 673,000 BTC holdings. Funds have now rotated into areas such as stocks. Ki Young Ju believes Bitcoin will not experience a drop of over 50% from its historical high like in previous bear markets, and is expected to consolidate in the coming months.
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Link: CryptoQuant Founder: Bitcoin Inflows Exhausted, Expected to Consolidate in Coming Months [Copy]
