Analysts: The threat of Bitcoin quantum computing is manageable; the core issue lies in governance, not selling pressure.
CoinFeed reported on April 25th, citing CoinDesk, that Bitcoin analyst James Check stated that the threat posed by quantum computing to Bitcoin is more of a "manageable risk" than a systemic disaster. Currently, approximately 1.7 million BTC are stored in addresses dating back to the Satoshi era. If quantum computing breaks through the elliptic curve signature barrier, the asset could face risks, with potential selling pressure estimated at $145 billion at current prices. However, data shows that this scale is not unbearable: during bull markets, long-term holders received an average of 10,000 to 30,000 BTC per day, meaning that all Satoshi-era tokens are equivalent to only two to three months of typical profit-taking. In the last bear market, over 2.3 million BTC changed hands in a single quarter, with monthly exchange inflows approaching 850,000 BTC, and the derivatives market absorbing an equivalent notional trading volume within days.