According to TechFlow, Ki Young Ju, founder and CEO of the on-chain analysis platform CryptoQuant, posted on the X platform that the impact of the government selling Bitcoin is overestimated.
Since 2023, about $224 billion has flowed into the market, while Bitcoin confiscated by the government accounts for only $9 billion, or only 4% of the total cumulative realized value. Ki Young Ju called on traders not to let the panic (FUD) of the government selling Bitcoin affect their trading decisions.
