CryptoQuant CEO: Bitcoin inflows stall, sideways trading ahead

Ki Young Ju, CEO of CryptoQuant, posted on Twitter that capital inflows into Bitcoin have stalled, reshaping how traders should view the market. He argued that liquidity channels are now more diverse, making attempts to time inflows less useful than in past cycles.

Institutions holding long‑term positions have disrupted the old whale‑retail sell cycle. Ju pointed to MicroStrategy’s massive treasury — 673,000 BTC — as an example of supply unlikely to hit the market. That kind of corporate accumulation has changed the rhythm of Bitcoin’s liquidity, reducing the chance of sudden dumps that once triggered sharp corrections.

Ju’s view is that money has rotated into other asset classes. He mentioned equities and commodities, describing capital flow into “stocks and shiny rocks.” That rotation, he said, explains why Bitcoin isn’t seeing the same inflows despite trading near all‑time highs. The implication is that crypto is no longer the only risk asset absorbing speculative capital.

The forecast is blunt: don’t expect a 50% crash from the top like in past bear markets. Instead, Ju sees “boring sideways” action over the next few months. For traders betting on a sudden collapse, he dismissed the idea with a sharp line: “Shorting here hoping for a nuke? Good luck with that.”

Market data supports the sideways thesis. Bitcoin has hovered around $46,000 this week, with daily volumes down compared to December. CME futures open interest has flattened, while Binance and Bybit show steady but unspectacular flows. Analysts at Glassnode noted similar patterns, with long‑term holders unmoved by short‑term volatility.

Ju’s comments highlight a shift in market structure. With institutions anchoring supply and capital rotating elsewhere, Bitcoin may be entering a period defined less by violent swings and more by patience. For traders, that means adjusting expectations to a slower rhythm.