😢 **CEO CryptoQuant: "Bitcoin Cycle Theory Is Dead"**
My predictions were based on this theory—buy when whales accumulate and sell when retail joins (FOMO).
This model no longer works.
In the past cycle, whales sold coins to retail investors. Now, old whales are selling to new long-term large investors.
Institutional adoption has been much larger than we thought. Trading seems pointless—there are now more holders than traders. My mistake was ignoring this shift when I declared that the "bull cycle was over."
__I sincerely apologize if my prediction affected your investments. From now on, I will be more cautious with forecasts and focus on data-driven analysis.__
👉 Minor for adoption—shift to institutional holding was already priced in; watch SEC's spot-SOL ETF decision by July 31 for next institutional catalyst.
#BTC
#ETH
#SOL