ChainCatcher news, CryptoQuant founder Ki Young Ju pointed out that the Bitcoin market has shifted from the traditional whale and retail investor dominated model to a more diversified structure. The participation of institutional investors such as ETFs and MicroStrategy, as well as government agencies, may render traditional market cycle theories no longer applicable. The new sources of liquidity are changing market dynamics, and the inflow of institutional funds may offset the pressure brought by whale dumping. He emphasized that the current market is in a transitional phase of absorbing new liquidity.
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CryptoQuant Founder: The market structure of Bitcoin has fundamentally changed, and the market is in a transitional phase.
ChainCatcher news, CryptoQuant founder Ki Young Ju pointed out that the Bitcoin market has shifted from the traditional whale and retail investor dominated model to a more diversified structure. The participation of institutional investors such as ETFs and MicroStrategy, as well as government agencies, may render traditional market cycle theories no longer applicable. The new sources of liquidity are changing market dynamics, and the inflow of institutional funds may offset the pressure brought by whale dumping. He emphasized that the current market is in a transitional phase of absorbing new liquidity.