🐳 OG Whales Splash Crypto Market: Is It a Dip or a Dive? 🌊

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Oh, the crypto circus is in town again, folks! 🎪 Bitcoin, that mischievous juggler, is wobbling around $94K, while Ethereum, the tightrope walker, teeters at $3,140. Over the past week, Bitcoin took a tumble (oopsie!) of more than 11%, and Ethereum slipped on a banana peel, dropping 13%. What a show! 🎭

But fear not, dear spectators! Some clever clowns-er, analysts-say this volatility is just short-term holders panicking like they’ve seen a ghost 👻 and long-term holders playing a game of musical chairs. 🎶 As the big-top institutions and patient pachyderms (long-term holders) keep the show running, prices are bound to soar higher than a cannonball act. 🚀

Long-Term Holders Keep Rotating

Enter CryptoQuant CEO, Ki Young Ju, the ringmaster of this crypto carnival. 🌟 He declares this dip is just long-term holders passing the torch-or should we say, the Bitcoin baton?-among themselves. “Old Bitcoiners are selling to traditional finance players, who’ll hold on tighter than a trapeze artist,” he quips with a wink. 😉

This dip is just long-term holders rotating among themselves. Old Bitcoiners are selling to tradfi players, who will also hold for the long run.

The reason I predicted the top early this year is that OG whales were dumping hard. But the market structure has changed. ETFs, MSTR,…

– Ki Young Ju (@ki_young_ju) November 17, 2025

Ah, but remember when Ki Young Ju predicted Bitcoin’s peak earlier this year? 🌋 He spotted OG whales dumping like they were clearing out their attic. But the circus has evolved! New acts like ETFs, MicroStrategy, and other institutional acrobats are injecting fresh popcorn-er, capital-into the ring. 🍿

On-chain data? Oh, it’s singing the same tune: strong inflows! 🎵 “This dip is basically OG whales dragging the market,” Ki adds, as if they’re the elephants stomping around the tent. 🐘

And let’s not forget the new stars of the show: sovereign wealth funds, pension funds, and corporate treasuries. These heavy hitters are creating liquidity channels bigger than a circus big top! 🏟️ According to Ki, the old crypto cycle theory is as outdated as a unicycle. 🚴‍♂️

A Bull Market Correction

CryptoQuant’s analysts chime in, claiming Bitcoin’s plunge from $126K was all thanks to short-term holders panicking like they’ve lost their ticket 🎟️ and long-term holders taking profits mid-act. Meanwhile, fresh capital from newbie STHs was entering, but it was like bringing a squirt gun to a water park. 💦

On-chain data whispers this is just a bull-market hiccup, not a full-blown circus collapse. 🤡

“Not The Time To Be Bearish”

JAN3 CEO Samson Mow steps into the spotlight, declaring, “This is no time to be bearish!” 🦁 He points to a crowd of buyers with pockets deeper than a magician’s hat and capital flowing like a never-ending fountain. 🌊 Think MicroStrategy, Tether, and other big spenders who see Bitcoin at $95K as a “discount”-a fire sale on a finite treasure! 💎

“Bitcoin is absolute scarcity,” Samson proclaims, as dramatic as a circus finale. 🎆 “The only way to balance demand with supply? Prices must soar!”

So, there you have it, folks! Bitcoin’s dip is just short-term jitters and long-term holders playing hot potato. 🥔 But with Bitcoin’s limited supply, the demand could send prices sky-high. 🌌 Will the crypto circus reach new heights, or will the clowns have the last laugh? Stay tuned! 🎪✨

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2025-11-17 18:36