📢📢Blockchain industry news! CryptoQuant founder Ki Young Ju recently expressed his opinion that the impact of the government's selling of Bitcoin on the market has been exaggerated. 🤔🤔
He revealed that since 2023, as much as $224 billion has flowed into the Bitcoin market, while the total amount of Bitcoin seized by the government is about $9 billion. This figure only accounts for 4% of the cumulative realized value of the Bitcoin market since 2023. 😮😮
This means that although the government's actions may cause some fluctuations in the market, its actual impact is far less than the market expects. 📉📉
We remain optimistic about the future of Bitcoin and believe that it has huge growth potential. 🚀🚀
Stay tuned for more blockchain industry trends and cryptocurrency news! 👀👀