CryptoQuant Founder: Whale Accumulation Signals Ongoing Bitcoin Bull Market

Ki Young Ju, the founder and CEO of CryptoQuant, highlighted on the X platform that Bitcoin whale accumulation has become a regular feature of the market, reflecting the dominance of institutional and high-net-worth investors in the current bull cycle.Key Insights:Whale Accumulation as the Norm:Reports of whales accumulating Bitcoin, which once triggered significant market reactions, are now viewed as routine events.Retail investor participation in Bitcoin has decreased, with whale capital taking the lead.Bull Market Continuation:On-chain data reveals $7 billion in weekly capital inflows into Bitcoin markets, signaling strong bullish momentum.While corrections may occur, analysts predict limited pullbacks of less than 30%, consistent with bull market trends.Market Sentiment:Despite the ongoing bull cycle, concerns about whether Bitcoin is entering a bubble persist.Analysts emphasize that on-chain data reflects strong market conditions, contrasting with bearish predictions.