Odaily News Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that the current round of Bitcoin bull market cycle may last until mid-2025. Ki Young Ju explained that "old whales" made profits during the bull market, and their selling brought new capital into the accumulation address, thereby increasing the actual price. The profit realization period of the past cycle was about 18 months, and this time it started 4 months ago.