Zhu Su Discusses Bitcoin Market Dynamics

On February 3, Zhu Su, co-founder of Three Arrows Capital, shared insights on the departure of veteran Bitcoin investors. According to BlockBeats, Zhu Su suggested that the exit of these early investors is not as negative as it might seem. Since Bitcoin's inception, these original investors have been gradually leaving the market. Each distribution of tokens has contributed to the long-term health and monetary value of Bitcoin. Zhu Su emphasized that if Bitcoin's survival depended solely on individual purchases or holdings, it would have ceased to exist long ago. He also mentioned that Michael Saylor of Strategy is merely a figurehead, with MSTR investors actually bearing the risk exposure of Strategy's Bitcoin holdings. Notably, Zhu Su had been silent since late September last year but became active again at the end of January this year. Recently, he commented on the losses incurred by investors Yi Lihua and 1011, who suffered due to premature re-entry into the market after selling at the peak, driven by overconfidence.