The Optimal Time for Bitcoin Whale Purchases Might Be Now CryptoQuant

CryptoQuant CEO Ki Yong Joo believes that now is an excellent opportunity for big investors to accumulate Bitcoin (BTC). He shared his views with followers of X, stating that despite the current weak price trend, the market remains bullish. The Bitcoin market is dull with low volatility, indicating a decrease in interest from both buyers and sellers. Retailers have not yet prepared for the withdrawal of liquidity. This is the perfect time for whales to gather. We are still in a bull market cycle. Boredom is also an opportunity. Ki Young Ju emphasized the lack of interest from both buyers and sellers, highlighting the overall softness of market activity. Considering the overall state of the market’s bull cycle, he believes this is the perfect scenario for whales to hoard Bitcoin. The CryptoQuant director describes the current calm phase as an opportunity for strategic accumulation. Read more: [image] Will Bitcoin be classified as a reserve asset if Trump wins the election? Ju also pointed out that Bitcoin miners are adapting to recent price declines by mining alternative cryptocurrencies. He sees this as a temporary hedge rather than a long-term bearish sign. This strategy aims to address market uncertainty while waiting for a recovery in buyer interest. [image]