A drop in the ocean

source

In summary, Ki Young Ju believes that bitcoin investors should remain calm and not react impulsively to sales of confiscated BTC, as these sales are pre-announced, managed to minimize the impact on the market and long-term fundamentals. bitcoin prices remain solid, the founder of CryptoQuant, advises bitcoin investors not to act impulsively on sales of confiscated BTC for several key reasons:

1. Predictable and Planned Sales: Sales of confiscated BTC, such as those related to illicit activities, are generally pre-announced and carried out in an orderly manner by authorities. This means that markets have time to digest the information and adjust prices accordingly.

2. Controlled Market Impact: Sales of large amounts of confiscated BTC are often done in a way that minimizes market impact. Authorities typically spread the sale over several smaller transactions rather than one large sale, which helps avoid a sharp drop in prices.

3. Strong Market Fundamentals: The long-term fundamentals of the bitcoin market, such as its growing adoption, the entry of institutional investors, and continued technological improvements, remain strong. Ki Young Ju suggests that investors focus on these fundamentals rather than reacting to short-term events.

4. Past Histories of Confiscated BTC Sales: Historically, sales of confiscated BTC have not had a lasting and significant impact on the price of bitcoin. Over time, the market has demonstrated its ability to absorb such sales without major difficulties.

5. Bitcoin's Inherent Volatility: Bitcoin is known for its volatility, and experienced investors are aware that short-term price movements do not always reflect its long-term value. Acting impulsively can lead to suboptimal investment decisions based on emotions rather than rational analysis.