According to Odaily Planet Daily, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that this round of Bitcoin bull market cycle may last until mid-2025.

Ki Young Ju explained that "old whales" took profits during the bull market, and their selling brought new capital into the accumulation address, thereby increasing the actual price. The profit realization period in the past cycle was about 18 months, while this time it started 4 months ago.