CoinVoice has recently learned that Ki Young Ju, founder and CEO of on-chain analysis platform CryptoQuant, posted on a social platform that the government's sell-off of Bitcoin is overestimated.
Ki Young Ju believes that the amount of Bitcoin sold by governments around the world is negligible compared to the overall inflow into the Bitcoin space. 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. [Original link]
