Bitcoiners waiting for retail to show up might be missing the obvious — it’s already here, a crypto executive says.
Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive.
“The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in a March 19 X post.
Ju said that those tracking retail movements using only onchain metrics will not have seen the full picture.
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