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      CryptoQuant Founder: Bitcoin Bull Cycle Expected to Yield 3–5xCryptoQuant founder Ki Young Ju...

      CryptoQuant Founder: Bitcoin Bull Cycle Expected to Yield 3–5xCryptoQuant founder Ki Young Ju stated that he expects the current Bitcoin bull market to deliver a 3x to 5x advance rather than a parabolic 10x+ surge, followed by a markedly milder bear market. Ju noted that while earlier retail-driven, low-liquidity cycles saw hot money fuel explosive vertical rallies alongside 80% drawdowns, growing institutional ownership and an expanded market capitalization are structurally dampening volatility on both ends.Highlighting on-chain indicators, he pointed out that MVRV has never dipped below 1 this cycle, while realized cap is climbing with fresh capital, early "OG" whales have halted distributions, futures whales loaded aggressive long exposure near cycle lows, and the 365-day moving average of CryptoQuant’s PnL Index is printing a meaningful inflection point.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud