CoinVoice has recently learned that CryptoQuant CEO Ki Young Ju posted on the X platform stating that stablecoins alone cannot provide sufficient buying liquidity for Bitcoin. The ratio of BTC to stablecoins is 6.05, meaning the BTC reserves are six times that of stablecoins, similar to the last ATH. ETF flow and Coinbase USD liquidity will be crucial in the coming months. [Original link]