Analyst Darkfost posted a series of supply and demand analyses regarding Bitcoin (BTC) on X (formerly Twitter) on the 11th, based on data from CryptoQuant and CoinGlass. He pointed out that, in addition to the slowdown in spot and futures demand, the movements of institutional investors and ETF fund outflows are contributing to a noticeable weakness across the market.
Both spot and futures demand are slowing down.
According to him, spot demand is negative...