Ki Young Ju's words are cutting; the more aggressively Saylor buys, the less BTC can rise, as liquidity is drained.

Coin World News reported that CryptoQuant CEO Ki Young Ju said Michael Saylor’s ongoing large-scale buying strategy may be hindering Bitcoin (BTC) from recovering. He noted that Saylor’s buying behavior appears more like liquidity consumption rather than a price catalyst, and suggested pausing purchases, rebuilding cash reserves, and adopting a systematic buying-timing framework. In the current high selling-pressure environment, buying may only be able to maintain a trading price range and cannot push the price higher. Although Bitcoin’s realized market cap has grown by $467 billion over the past two years, the price has fallen by 1%. He believes that continued buying may prevent deeper market corrections, thereby creating the conditions for a historical cycle bottom pattern.