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CryptoQuant: Current Bitcoin Demand Severely Insufficient, Miners and Long-Term Holders Selling More Than New Buyers Purchasing

Summary: According to CryptoQuant, analyst Crazzyblock believes that current Bitcoin demand is severely insufficient. The amount of Bitcoin entering the market from miners and profit-taking long-term holders now exceeds the purchasing volume of new buyers.

According to CryptoQuant, analyst Crazzyblock believes that current Bitcoin demand is severely insufficient. The amount of Bitcoin entering the market from miners and profit-taking long-term holders now exceeds the purchasing volume of new buyers.

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