💬 "The Bitcoin cycle theory is dead."

"My predictions were based on this - buy when the whales accumulate, sell when retail joins. But this pattern no longer holds."

"In the last cycle, the whales sold to retail. This time, the old whales are selling to new long-term whales. Institutional adoption is more significant than we thought. Holders are now more numerous than traders."

- Ki Young Ju, CEO of CryptoQuant