The head of CryptoQuant considers it incorrect to blame Michael Saylor’s decision to get rid of part of the BTC stock for the pressure on the bitcoin rate. Ki Young Ju recalled that Strategy sold only 32 BTC, while early investors have realized more than a million coins in recent years, tradingview.com writes.
The head of the analytics platform called fears of a possible “Strategy death spiral” (when the company will be unable to pay its shareholders) exaggerated and said he is ready to reconsider his position if convincing data proving the opposite appears.
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