CryptoQuant analyst: Demand indicators show dormant funds are flowing back into Bitcoin
CryptoQuant analyst ITTech stated that the on-chain demand indicator shows a significant increase in buying interest for Bitcoin. A strong rebound from extreme negative values (below -200,000 BTC) indicates that previously dormant funds are flowing back in.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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