CryptoQuant: Bitcoin new capital inflows dry up, demand momentum hits record lows
According to online reports, according to CryptoQuant data, the Bitcoin market is experiencing a severe depletion of new capital inflows. The holdings of short-term holders have dropped from 5.3 million bitcoins on May 27 to the current 4.5 million bitcoins, a decrease of approximately 800,000 bitcoins. At the same time, the bitcoin demand momentum indicator fell to a historical low of-2 million, indicating that the interest of new investors in the market has dropped significantly. This data compares with the current high price of about US$100,000, reflecting that the market may face short-term adjustment pressure.
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