Deep Tide TechFlow News, February 6th, CryptoQuant founder Ki Young Ju released the latest view that the Bitcoin market is facing a risk of forced selling. He pointed out that forced selling could trigger a chain reaction: liquidation of funds leading to a price decline, which could cause miner bankruptcies, and even force long-term holders to cut losses. If there is no substantial rebound within the next month, the risk of structural selling by institutional investors will significantly increase. Once institutions sell at the bottom, rebuilding trust will take a long time.
Data shows that IBIT trading volume hit a record high of $10.7 billion, with options premium trading volume reaching $900 million. This week, Bitcoin has plummeted over 15%, briefly falling below $61,000, with BTC and SOL both experiencing sharp declines.
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CryptoQuant Founder: Forced selling could trigger a chain reaction, and rebuilding trust will take a long time
Deep Tide TechFlow News, February 6th, CryptoQuant founder Ki Young Ju released the latest view that the Bitcoin market is facing a risk of forced selling. He pointed out that forced selling could trigger a chain reaction: liquidation of funds leading to a price decline, which could cause miner bankruptcies, and even force long-term holders to cut losses. If there is no substantial rebound within the next month, the risk of structural selling by institutional investors will significantly increase. Once institutions sell at the bottom, rebuilding trust will take a long time.
Data shows that IBIT trading volume hit a record high of $10.7 billion, with options premium trading volume reaching $900 million. This week, Bitcoin has plummeted over 15%, briefly falling below $61,000, with BTC and SOL both experiencing sharp declines.