PANews reported on February 1st that CryptoQuant CEO Ki Young Ju posted on the X platform that Bitcoin's price continues to fall due to persistent selling pressurePANews reported on February 1st that CryptoQuant CEO Ki Young Ju posted on the X platform that Bitcoin's price continues to fall due to persistent selling pressure
CryptoQuant CEO: Unless Saylor significantly reduces his holdings, a repeat of the 70% crash is unlikely.
1 min read
PANews reported on February 1st that CryptoQuant CEO Ki Young Ju posted on the X platform that Bitcoin's price continues to fall due to persistent selling pressure and a lack of new capital inflows. Early holders held substantial unrealized profits due to buying from ETFs and MSTR. They began taking profits early last year, but strong inflows kept Bitcoin's price around $100,000. Now, those inflows have dried up.
However, Ki Young Ju also pointed out that MSTR is the main driver of this upward trend. Unless Saylor significantly sells off his holdings, the market will not experience a 70% plunge like in previous cycles. The market bottom is not yet clear, but this bear market may result in a wide range of sideways consolidation.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nvidia Partners with Former Crypto Miner Nscale for UK AI Infrastructure Project
TLDR Nvidia announced a $683 million investment in Nscale, a UK AI infrastructure company that spun off from crypto miner Arkon Energy in May 2024 The partnership aims to scale the UK’s AI capacity to 60,000 GPUs by 2026 as part of the government’s national AI infrastructure push Nscale is part of the “neocloud” industry [...] The post Nvidia Partners with Former Crypto Miner Nscale for UK AI Infrastructure Project appeared first on CoinCentral.
Share
Coincentral2025/09/18 16:24
Once Upon a Farm Announces Pricing of Initial Public Offering
BERKELEY, Calif.–(BUSINESS WIRE)–Once Upon a Farm today announced the pricing of its initial public offering of 10,997,209 shares of its common stock, 7,631,537
Share
AI Journal2026/02/06 08:15
US Senate Ag Committee Chair Reveals Crucial Progress On CLARITY Act
The post US Senate Ag Committee Chair Reveals Crucial Progress On CLARITY Act appeared on BitcoinEthereumNews.com. Crypto Structure Bill Talks Resume: US Senate
Share
BitcoinEthereumNews2026/02/06 08:42