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