CryptoQuant CEO Warns Bitcoin Demand Imbalance
Bitcoin’s restoration is being pushed by perpetual futures merchants, not natural spot consumers, in response to CryptoQuant CEO Ki Young Ju. On-chain obvious demand stays internet destructive regardless of heavy ETF inflows and company accumulation. Bitcoin (BTC) trades close to $77,500 after failing to push via $80,000. The divergence between futures positioning and spot flows…
