CryptoQuant Founder Warns of Bitcoin Liquidation Risks

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.