PANews reported on July 6 that according to Cointelegraph, Ki Young Ju, founder and CEO of the on-chain analysis platform CryptoQuant, posted on the X platform that the government's selling of Bitcoin was overestimated. Ki Young Ju believes that the amount of Bitcoin sold by governments around the world is negligible compared to the overall inflow in the Bitcoin field. Since 2023, $224 billion has flowed into the market. The BTC seized by the government accounts for only 4% of the cumulative realized value since 2023, about $9 billion.
