[CryptoQuant Founder: Bitcoin Market Faces Forced Selling Risk] On February 6, CryptoQuant founder Ki Young Ju stated that the Bitcoin market is facing the risk of forced selling, which could trigger a chain reaction including fund liquidations, price drops, miner bankruptcies, and stop-losses by long-term holders. He pointed out that if there is no substantial rebound within the next month, the structural selling risk by institutional investors will significantly increase, and it may take a long time to rebuild trust after institutions sell at the bottom. This week, Bitcoin has already plunged over 15%, briefly falling below $61,000, with BTC and SOL experiencing simultaneous sharp declines. Data shows that IBIT trading volume hit a historical high of $10.7 billion, while options premium trading volume reached $900 million.