CryptoQuant Founder: Government-Sold BTC Accounts for Only 4% of $224 Billion Bull Market Inflows

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju stated on social media that the government's sell-off of Bitcoin has been 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 sector. Since 2023, a total of $224 billion has flowed into this market. The BTC seized by governments accounts for only 4% of the cumulative realized value since 2023, approximately $9 billion.