CryptoQuant: Bitcoin demand has continued to weaken since December last year

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ChainCatcher
a day ago
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According to ChainCatcher's message, the on-chain analysis platform CryptoQuant has tweeted that it is witnessing the weakest period of Bitcoin demand this year. By comparing the new supply with the supply that has been idle for more than a year, the current demand dynamics can be understood. When this ratio is below 0, it indicates that demand has turned negative, meaning that the number of Bitcoins actively acquired is decreasing.

It can be seen that demand has been weakening since December and has continued to decline over time. This suggests that in the midst of ongoing political and economic uncertainty, investors have become more cautious and may be shifting towards lower-risk assets.

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