Oksana Koneva

Ki Young Ju: ETFs have brought in $58 billion and treasury companies hold 1.3 million BTC

Ki Young Ju: ETFs have brought in $58 billion and treasury companies hold 1.3 million BTC
ETFs, treasuries hold BTC as floor seen

Exchange-traded funds (ETFs) have brought in $58 billion and treasury companies currently hold 1.3 million BTC.

Ki Young Ju, founder and CEO of CryptoQuant, added that even if these holdings exited the market, the on-chain cost basis would still put Bitcoin's price floor near $30,000. He also stated that a drop to $10,000 would imply an MVRV of 0.2, a level not seen before, and suggested that 2019 buyers would have to panic-sell for such a decline, noting they have already withstood two 75% price crashes.

Earlier this year, Ki Young Ju said Bitcoin was still in the early stages of a bull market, cautioning that corrections are not necessarily signals of a bear phase. He has also introduced an AI platform aggregating analyst sentiment across platforms for major cryptocurrencies. These moves reflect Ju’s continued focus on Bitcoin market metrics and investor behavior.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.