CryptoQuant Founder: The Bitcoin sold by the government only accounts for 4% of the $224 billion bull market fund inflow

Ki Young Ju, the founder and CEO of on-chain analysis platform CryptoQuant, posted on X platform stating that the government's sell-off of Bitcoin has been overestimated. Ki Young Ju believes that compared to the total inflow in the Bitcoin field, the amount of Bitcoin sold by governments around the world is negligible. Since 2023, $224 billion has flowed into this market. The BTC seized by governments only accounts for 4% of the cumulative value realized since 2023, about $9 billion.