#Will Bitcoin eco-tokens surge amid the upcoming halving?#

CryptoQuant announced: There is an unprecedented increase in demand for Bitcoin!
Julio Moreno, Head of Research at CryptoQuant, has noted that the demand for Bitcoin (BTC) is growing at an unprecedented rate.

Julio Moreno mentioned Bitcoin in a social media post on April 9. Stating that the demand for Bitcoin has started to increase in an unprecedented way, the experienced name pointed out that the price is facing serious buying pressure.

While emphasizing that the demand for Bitcoin clearly outstrips the supply, he noted that the data on demand comes from accumulation addresses.
Julio Moreno said that there has been a noticeable growth in the savings wallets in question, but that they reflect only a part of the total demand and that the tip of the iceberg could be much deeper:
Demand in Bitcoin has outstripped supply. Demand is growing at an unprecedented rate. Here I estimate the demand by the growth in the total balance of accumulation addresses, that is, this is only a part of the total demand.

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