CryptoQuant: Retail demand for Bitcoin has dropped by about 2.45% in the past 30 days, and the market is still far from being fanatical."
According to online reports, CryptoQuant analyst Caueconomy issued a post saying that retail demand with online Bitcoin transactions of no more than US$100,000 has dropped by about 2.45% in the past 30 days, indicating that small investors have not yet reached a craze state in the current market. Although these participants may use other investment vehicles such as ETFs and Bitcoin Financial Companies, on-chain capital structures often respond sensitively to these flows and still do not have the market characteristics of structural fanaticism.
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