Woofun AI reports that CryptoQuant founder Ki Young Ju characterizes Strategy's recent Bitcoin accumulation as a liquidity absorber rather than a price catalyst. Despite a $467.0 billion increase in market capitalization over the past two years, the asset's price has declined by 1%, indicating that massive inflows have failed to generate upward momentum. Ju argues that under heightened selling pressure, these purchases primarily defend price ranges instead of triggering breakouts, potentially preventing necessary market-clearing corrections and enabling profit-taking by other holders.

Ju outlines three strategic recommendations for Strategy: suspend Bitcoin acquisitions until cash reserves and dividend coverage are restored; implement a model-driven buying framework to avoid purchasing at local tops; and establish a disciplined selling protocol for the next bull cycle. He emphasizes that realizing gains near cycle peaks constitutes risk management and shareholder value creation, providing capital for future reaccumulation rather than betraying the asset's ethos.