This cryptocurrency bull market, the protagonist is 'Not Individuals' but 'Corporations'
CryptoQuant's Chief Analyst Julio Moreno expressed the view that individual investors are no longer at the center of this cryptocurrency cycle. On the 27th, he analyzed through his X account that "This boom will be led by small companies, startups, and funds trying to follow strategies."
Moreno specifically questioned whether these companies are prepared to take on high risks as in past strategies. He added, "Can they really withstand a 90% drop in their stocks or funds?" implying that a long-term strategy is more important than short-term profits.
As companies' investments in and strategic holdings of Bitcoin are increasing recently, the analysis that the leadership of the cryptocurrency market is gradually shifting to organized investment entities is spreading. Moreno's remarks show that an institutional-centered trend is emerging, viewing cryptocurrencies as part of asset allocation and accounting strategies, not a speculative flow led by individuals.