CryptoQuant CEO declares: The 4-year Bitcoin cycle is outdated, organizations are 'landing'!
The cryptocurrency market is entering a new era! The CEO of #CryptoQuant has recently attracted attention by stating that the traditional 4-year Bitcoin cycle theory is no longer applicable. This is an extremely positive signal, indicating the remarkable maturation of the crypto industry.
Whales sell to organizations, long-term investors surge
The key point is the change in behavior of the 'whales' (those holding large amounts of Bitcoin). Instead of selling back to retail investors at the peak of the cycle as before, this time, the old whales are selling $BTC to organizations and new long-term investors, rather than individual investors. This indicates that the level of participation from large organizations is much higher than expected, and the number of long-term Bitcoin holders has now surpassed the number of short-term traders.
CryptoQuant's CEO also candidly admitted he was wrong to assert that the bull market ended too early six months ago. He is committed to providing more careful, data-driven analyses in the future. The change in market structure, with the increasing involvement of organizations and long-term investors, signals a more stable and sustainable future for Bitcoin and the entire cryptocurrency market. #anhbacong