PANews reported on June 11 that Bitwise CEO Hunter Horsley wrote on the X platform: "Once Bitcoin breaks through $130,000 to $150,000, no one will sell their Bitcoin. The current price of Bitcoin is around $100,000, and those who hold a large amount of Bitcoin and bought it at a very low price a long time ago seem to be selling some. But then again, once Bitcoin breaks through a new price level, this selling behavior will gradually decrease. From then on, when people need liquidity, they will borrow from the growing group of lenders. All of this will further drive up the price of Bitcoin. The supply of Bitcoin is simply not enough."