TechFlow news: On February 6, Ki Young Ju, founder of CryptoQuant, released his latest analysis, warning that the Bitcoin market is facing forced selling pressure. He noted that such forced selling could trigger a chain reaction: liquidations leading to price declines, which in turn could cause miner bankruptcies and even force long-term holders to cut their losses. If no substantial rebound occurs within the next month, the risk of structural selling by institutional investors will rise significantly; once institutions sell at the bottom, rebuilding trust will take a long time.
Data shows that IBIT’s trading volume hit a record high of $10.7 billion, while options premium trading volume reached $900 million. This week, Bitcoin plunged over 15%, briefly falling below $61,000, with both BTC and SOL experiencing sharp declines.
