CryptoQuant analysts: Bitcoin's average daily capital inflow reaches US$1.8 billion, close to the peak of the last bull market
According to online reports, CryptoQuant analyst Axel AdlerJr posted on social media that Bitcoin market demand is approaching the peak level of the last bull market. An average of about US$1.8 billion in new funds is currently flowing into the market every day, which is comparable to the level when Bitcoin hit US$64,000 in November 2021. During this cycle, the largest inflows occurred when Bitcoin prices reached $73,000 (peak at $3.6 billion) and $92,000 (peak at $4.5 billion). Axel Adler Jr said the indicator showed investors remained willing to deploy large-scale funds even after reaching a record high.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.