Governments’ Bitcoin Sales Represent Only 4% of 2023’s $224 Billion Crypto Market Inflow, Says CryptoQuant CEO

The CEO of CryptoQuant highlights that only 4% of the $224 billion entering the market since 2023 is from Bitcoin seized by governments. On-chain data and analysis platform CryptoQuant’s CEO shared key insights regarding government-influenced Bitcoin sales on Twitter. Ki Young Ju emphasized that the impact of government Bitcoin sales is overstated, noting only $9

Source: CoinOtag