CryptoQuant: Bitcoin demand has fallen to its lowest level since April last year, and whale accumulation is still insufficient to offset selling pressure
Large investors’ moves are commonly interpreted in three ways:
① Long term: positioning by quarter, with little attention to daily price movements;
② Rebalancing: adjusting positions, which doesn’t necessarily signal a bullish outlook;
③ Trading: short-term moves that come and go quickly.
There aren’t many details this time, so I’ll add it to the watchlist for now.
$BTC Current price 65415.66, 24h -4.77%.
Large investors’ moves are commonly interpreted in three ways:
① Long term: positioning by quarter, with little attention to daily price movements;
② Rebalancing: adjusting positions, which doesn’t necessarily signal a bullish outlook;
③ Trading: short-term moves that come and go quickly.
There aren’t many details this time, so I’ll add it to the watchlist for now.
$BTC Current price 65415.66, 24h -4.77%.