CryptoQuant founder: The impact of government selling of Bitcoin on the market is overestimated

Odaily News Ki Young Ju, founder of CryptoQuant, said in an article on X that the impact of the government's selling of Bitcoin on the market has been overestimated. He said that since 2023, $224 billion has flowed into the market, and the government has seized about $9 billion in BTC, which only accounts for 4% of the cumulative realized value since 2023.