CEO Ju Ki-young: "Traditional financial inflow stronger than OG... Cyberpunk value diluted regrettable but optimistic"
);)
On the 4th, CEO Ju Ki-young stated through X, "The selling by early Bitcoin OGs and old miners is essentially a process of a large-scale shift of volume from old holders to investors in traditional US financial institutions and ETFs."
He directly refuted market pessimism, stating, "I do not agree with the view that Bitcoin will no longer perform well because new liquidity is not flowing in after the volume shift."
CEO Joo emphasized, "For any asset, what ultimately matters is 'who holds it,'" adding, "If current holders are the entities capable of bringing in larger capital inflows in the future, the next rally can resume at any time." He explained that just as major shareholders in a company influence market expectations, the same applies to Bitcoin.
In particular, he assessed, "Frankly, from the perspective of asset growth, traditional financial institution investors could bring a stronger demand base than the Bitcoin OG group." However, he added, "It is certainly regrettable that Bitcoin's original cyberpunk values could be partially diluted in this process."
He expressed an optimistic outlook, stating, "Nevertheless, Bitcoin will definitely enter its next upward cycle in the future," and adding, "As an investor, I still believe in Bitcoin and think it is worth waiting."
Choi Joo-hoon joohoon@blockstreet.co.kr
