cyrpto 150m, BlackRock, BTC, CEO, CryptoQuant, current, dip, noob, reportedly, sell, sold Mark February 27, 2025 0 Comments

CryptoQuant CEO says only ‘noob’ would sell amid current dip as BlackRock reportedly sold $150m in BTC

Institutional investors seem to sell millions in Bitcoin, but the CEO of CRYP October estimates that 30% of the corrections are common during bull cycles.

Bitcoin (BTC) is down approximately 10% in last week, putting in February on the right track as one of the worst since 2018. However, Cryptocurrency CEO Ki Young Ju is not concerned, saying that only a “noob” would be sold during this drop.

If you sell now, you’re probably a noob.

A 30% correction in a #Bitcoin The bull cycle is common – it dropped 53% in 2021 and still recovered at an ATH.

The purchase when prices increase and sell when they drop is the worst investment strategy. Invest with a clear plan. pic.twitter.com/eyww1vxd8c

– Ki Young Ju (@ki_young_ju) February 27, 2025

In A post X On February 27, Ki pointed out that a 30% correction in a Bitcoin bull cycle was “common”, because BTC dropped by 53% in 2021 “and always recovered at a record level”. The CEO of Cryptoque indicates that the purchase when prices increase and sell when they drop is the “worst investment strategy”, urging investors to stick to a “clear plan”.

“You are far too early to panic. Seeing people panic here is a bit cute TBH.

Ki Young Ju

KI’s comments are involved while the reports have surfaced by saying that major Bitcoin holders could take the middle of the current decline. The blockchain analysis company, Arkham Intelligence, revealed that Fidelity, Ark Invest and Graycale sold parts of their Bitcoin holdings, because the price was below $ 90,000.

Although the exact magnitude of these activities remains unclear, Arkham reported In a message on February 27 on X BlackrockThe largest asset manager in the world has also sold $ 150 million in Bitcoin. Despite the sale, data De Bitbo shows that the institutions are clinging to Bitcoin, blackrock customers with more than 583,320 BTC worth around 50.2 billion dollars.

While Bitcoin has dropped, quince data shows more than $ 765 million in liquidations in the past 24 hours, in addition to the $ 1.5 billion in anneamy on February 25. Sosovalue data also reveals that the drop in the market corresponded to the greatest withdrawal of a day of February 25.

Like crypto.News reported Earlier, the Bitcoin price dropped by around 20% of its $ 109,225 summit since Donald Trump took office in mid-January. After the victory and the expectations of the Trump elections for a more friendly regulatory environment in crypto, there was a wave of optimism, followed by current sales. However, the hopes of rapid pro-Crypto policies seem to have been fading since then.