Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
![Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders](https://cryptosuperhero.com/wp-content/uploads/2024/08/Cryptoquant-Bitcoin-Demand-Remains-Weak-Despite-Accumulation-by-Long-Term-Holders.jpg)
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]
Source: https://news.bitcoin.com/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/