CryptoQuant CEO Reveals Bitcoin Needs Over $1T New Capital Inflows for Next Bull Run

According to Ki Young Ju, CEO of on-chain data analytics company CryptoQuant, Bitcoin's next major bull market will depend on large-scale capital allocations by institutional investors. Posting on X, Young Ju highlighted that Bitcoin's capital efficiency has declined significantly as its market capitalization grew. In 2011, approximately $2.7 billion in capital inflows resulted in a 55,436% price increase, while the current cycle saw $697 billion in inflows generate only a 689% return.

Young Ju stated that for Bitcoin to experience another parabolic bull run, it would need to attract over $1 trillion in new capital based on its realized market capitalization. He emphasized that Bitcoin's recognition as a strategic asset class within the global macroeconomic system would be a critical development to unlock new capital flows, noting the transformation is still in its early stages.