BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant's Ki Young Ju.
Bitcoin (BTC) traders should not act on impulse over government BTC sell-offs, a popular analyst says.
In a post on X (formerly Twitter) on July 5, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, played down the significance of recent state offloading.
Bitcoin being sold by governments around the world is minimal compared to overall inflows to the space, Ki Young Ju argues.
