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CryptoQuant CEO Forecasts $30,000 Bitcoin Floor Despite Potential ETF and Corporate Treasury Exits
Bitcoin could find support near $30,000 even if institutional investors unwind their accumulated exposure, CryptoQuant’s chief executive argues. The scenario would require reversing roughly $58 billion in net inflows to US spot Bitcoin exchange-traded funds (ETFs) and selling the 1.3 million BTC publicly traded companies have accumulated. Yet CryptoQuant CEO Ki Young Ju believes Bitcoin’s price floor remains resilient under these conditions.