Gate News message: On April 1, according to some CEX price feeds, JU broke through 2.1 USDT and is now trading at 2.11 USDT. Its 24-hour gain is 2.4%.

In early 2026, Bitcoin experienced a rare wave of optimism and massive capital inflows, with approximately $308 billion entering the market in just a few months. However, the price failed to rise in tandem, surprising traders and institutions alike. CryptoQuant CEO Ki Young Ju pointed out that the issue is not the scale of liquidity, but that the market structure itself has changed. He stated that in this cycle, funds were "absorbed" by the market but were not effectively converted into market capitalization, indicating that sellers continued to release chips at various price levels. Long-term holders, whales, and early investors chose to realize profits during liquidity expansion, and their selling pressure nearly offset the new demand. As a result, despite record-breaking capital inflows, Bitcoin's price still struggled to establish a sustained upward trend.

PANews February 10 News, CryptoQuant CEO Ki Young Ju posted that in 2025, Bitcoin inflows reached $308 billion but failed to boost market capitalization, indicating that it faces excessive selling pressure, leading to the Digital Asset Reserve Strategy (DAT) not working effectively in the current market environment.

Odaily Planet Daily reports that CryptoQuant CEO Ki Young Ju stated that the leverage ratio of BTC-USDT perpetual contracts is cooling down. He added that as the inflow of funds from MSTR and ETFs no longer prevents the excessive liquidation of long positions, this indicator is returning to pre-ETF approval levels.

Despite the continuous decline in Bitcoin prices, U.S. spot Bitcoin ETF holders still demonstrate relatively strong confidence. ETF analyst James Seifert stated that since the launch of U.S. products in January 2024, Bitcoin ETF holders have experienced approximately 42% paper losses, but their overall willingness to hold remains strong. Seifert said, “The ETF’s performance remains quite good,” and recent outflows are insignificant compared to the inflows during market peaks. According to preliminary data from Farside Investors, before the decline in October, Bitcoin ETF net inflows were about $62.11 billion, now down to approximately $55 billion, indicating that investors are still collectively holding. Analyst Jim Bianco pointed out that the average holder of Bitcoin spot ETFs is at a 24% loss but continues to hold their positions. Ki Young Ju, CEO of CryptoQuant, added that most Bitcoin analysts in the market currently hold a bearish view, but ETF investors remain patient.

CryptoQuant CEO Ki Young Ju stated that the decline in Bitcoin is due to persistent selling pressure and lack of funds. The stable realized market cap indicates insufficient new capital, leading to a market pullback that does not signify a bull market. Early holders are taking profits, ETF funds are weakening, and the market bottom is still unclear, potentially facing wide-range fluctuations.

CryptoQuant CEO Ki Young Ju stated that the price of Bitcoin has fallen due to ongoing selling pressure and insufficient capital inflow. Early holders are taking profits, and the lack of capital movement keeps the market subdued, with a bearish market expected to form a wide-ranging sideways consolidation.

Odaily News The Hong Kong Securities and Futures Commission officially announced today that "R-Coin Wallet/R-Wallet/Ju Man Jin" has been included in the list of suspicious virtual asset trading platforms. The Hong Kong Securities and Futures Commission stated that this entity claims to operate a virtual asset trading platform, which is suspected of engaging in virtual asset-related fraudulent activities. In addition, the entity falsely claims to be a virtual asset trading platform licensed by the Hong Kong Securities and Futures Commission and has misappropriated the central entity number of a licensed virtual asset trading platform, but this entity has no connection with the relevant licensed virtual asset trading platform.

BlockBeats News, January 27 — CryptoQuant founder Ki Young Ju stated, "Gold, silver, and Bitcoin are safe-haven assets. If the market still considers Bitcoin a 'risk asset,' then it is undervalued."