Analyst: Bitcoin whales have not yet exited, currently only experiencing a bull market correction rather than a structural crisis

CryptoQuant analyst Mignolet stated that Bitcoin whales have not yet left the market, and the current trend is similar to the accumulation seen during the sideways consolidation period from August to September last year. What we are currently seeing is likely only a pullback within a sustained bull market cycle (albeit significant), rather than a structural crisis that triggers a 'whale' level exit. Once this false crisis is resolved, quantitative easing policies will be restarted. After gold, the next major beneficiary of this liquidity wave will be Bitcoin.