Event Dime
Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO
- When:
- June 4, 2026 · 10:30 PM
- Where:
- The Latest Bitcoin News & Expert Crypto Insights, NC
- Source:
- The Latest Bitcoin News & Expert Crypto Insights
CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is part of a broad “change of hands” rather than evidence that the asset has exhausted its cycle. The key question, in his view, is not only how much supply is being sold, but who