Ki Young Ju, founder of CryptoQuant, has highlighted potential risks of forced selling in the Bitcoin market. He warns that such selling could trigger a chain reaction, leading to fund liquidations, price declines, miner bankruptcies, and long-term holders cutting losses. Without a significant rebound in the next month, the risk of structural selling by institutional investors could rise, potentially prolonging trust rebuilding efforts.
Recent data indicates that IBIT trading volume has reached a record $10.7 billion, with options premium trading at $900 million. This week, Bitcoin has dropped over 15%, briefly falling below $61,000, with both BTC and SOL experiencing significant declines.
CryptoQuant Founder Warns of Bitcoin Forced Liquidation Risks
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