Analyst: Bitcoin whales have not exited; this is just a bull market correction rather than a structural crisis
PANews, April 13 - CryptoQuant analyst Mignolet stated that Bitcoin whales have not exited the market. The current trend is similar to the accumulation seen during the consolidation period from August to September last year. What we are witnessing now is likely just a pullback within an ongoing bull market cycle (albeit a significant one), rather than a structural crisis that would trigger an exit at the "whale" level. Once this false crisis is resolved, quantitative easing policies will be restarted. Following gold, Bitcoin will be the next major beneficiary of this wave of liquidity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies: Raises ConocoPhillips target price to $174
Strip Out AI and the S&P 500 Looks Very Different, Goldman Index Shows
Bitcoin plunged nearly $2,000 in 20 minutes, about $400 millions in long positions liquidated.
According to the data, on October 6, 2026, bitcoin fell more than 5% during the session, plummeting nearly $2,000 within about 20 minutes, resulting in the liquidation of approximately $400 million in leveraged long positions.
AI cloud startup Lambda, backed by Nvidia, races toward IPO: planning to raise up to $4 billions in the final pre-listing round, with a valuation of $14.5 billions
Cloud computing company Lambda, backed by NVIDIA, is launching its final funding round before its IPO, aiming to raise up to 4 billion US dollars.
Crypto prices
More
