Top CryptoQuant analyst Ki Young Ju believes government Bitcoin sales have minimal impact on the overall market due to the substantial inflow of funds since the recent bull market began. Governments, including Germany and the U.S., have been actively selling BTC, but these holdings represent only 4% of Bitcoin's cumulative realized value. Meanwhile, Bitcoin ETF inflows continue to rise, indicating sustained confidence in Bitcoin's long-term potential despite short-term fluctuations.

#Bitcoin #BTC #CryptoMarket #CryptoAnalysis #CryptoQuant #ETFsApproval