Peter Brandt, a prominent trader, said in a social media post: "There is no doubt that some big money is pulling out of the Bitcoin market at this price. This is neither a bullish nor a bearish comment. It's just a fact. After all, the whales have made 100x returns from Bitcoin over the past 10 years, and it's time to pull some money out of the market." Previously, Peter Schiff pointed out that although the price of Bitcoin has risen from $69,000 in 2021 to $98,000 now, its market capitalization as a share of gold's market capitalization has instead declined from 10.72% to 9.95%.