Bitcoin's short-term circulation volume has dropped by more than 50%, and the average daily inflow to exchanges has also fallen by 54%.

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Foresight News
2 days ago
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Foresight News, according to glassnode data, the indicator "hot supply" that tracks BTC held for less than 1 week has declined from 5.9% of circulating supply to 2.8% in the past 3 months, a drop of over 50%, indicating a significant contraction in short-term liquidity. The daily average BTC inflow to exchanges has declined from 58,600 BTC to 26,900 BTC, a concurrent drop of 54%, reflecting easing selling pressure but also muted demand, posing a challenge to market trading activity.

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