On February 7th, CryptoQuant CEO Ki Young Ju wrote that Bitcoin is a value container, and its fundamental value is related to the size of the container. He pointed out that if you are a financial giant, you will expand the size of the container before investing a lot of money. In the past 4 years, the size of the container (hashrate) has increased by 5 times, while the price has only doubled, which is what "hashrate is growing" really means.