CryptoQuant: Bitcoin demand has been weakening since December last year

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PANews reported on March 15 that CryptoQuant, an on-chain analysis platform, tweeted that it was witnessing the weakest period of Bitcoin demand this year. Compare the new supply with the supply that has been idle for more than a year to understand the current demand dynamics. When the ratio is below 0, it indicates that demand has turned negative, which means that the amount of bitcoin actively acquired has decreased. As you can see, demand has been weakening since December and has continued to decline over time. This suggests that amid ongoing political and economic uncertainty, investors are becoming more cautious and may turn to less risky assets.

BTC-1.57%
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A3499vip
· 05-06 12:13
Hold on tight, we're about to To da moon 🛫
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A3499vip
· 05-06 12:13
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
A3499vip
· 05-06 12:13
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
A3499vip
· 05-06 12:13
Quick, enter a position!🚗
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A3499vip
· 05-06 12:13
Hold on tight, we're about to To da moon 🛫
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CoinFusionvip
· 03-15 01:00
pretty much common sense
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