In an exclusive interview with Cointelegraph, crypto commentator Udi Wertheimer reveals that institutions have been quietly buying out old Bitcoin holders over the last five years, reshaping the market. These new buyers are “forced buyers,” like Michael Saylor, who must keep buying Bitcoin to prevent company value loss. Udi predicts a supply crunch and suggests a conservative price target of $400K.

The interview challenges mainstream crypto thinking, discussing Ether’s new treasury companies and the vulnerability of leveraged players. Udi warns that the next Bitcoin rally could leave crypto-natives sidelined. Watch the full conversation for more insights and analysis.

Read more at Cointelegraph: How Bitcoin Could Hit $400K by Year-End, According to Udi Wertheimer