Express
CryptoQuant: Bitcoin sees significant depletion of new funds, short-term holdings decrease by 800,000 coins
Summary: According to CryptoQuant data, the Bitcoin market is experiencing a severe depletion of new fund inflows. Short-term holders have reduced their holdings from 5.3 million coins on May 27 to the current 4.5 million coins, a decrease of approximately 800,000 coins. At the same time, the Bitcoin demand momentum indicator has dropped to a historical ...
According to CryptoQuant data, the Bitcoin market is experiencing a severe depletion of new fund inflows. Short-term holders have reduced their holdings from 5.3 million coins on May 27 to the current 4.5 million coins, a decrease of approximately 800,000 coins. At the same time, the Bitcoin demand momentum indicator has dropped to a historical low of -2 million coins, indicating a significant decrease in market interest from new investors. This data, compared to the current high price of around $100,000, reflects potential short-term adjustment pressure in the market.
Tags:
Link: CryptoQuant: Bitcoin sees significant depletion of new funds, short-term holdings decrease by 800,000 coins [Copy]
