CryptoQuant analyst Darkfost said on X that Bitcoin’s estimated total demand over the past 30 days has deteriorated to negative 171,000 BTC. He said demand has not improved and is getting worse. In his breakdown, futures market demand dropped sharply from 164,000 BTC to 3,000 BTC, while spot demand also turned negative. He also pointed to a divergence between weakening spot demand and Bitcoin’s rising price trend. The update was cited by Techub News, with CoinPost referenced as the source in the brief.
CryptoQuant analyst Darkfost said in a post on X that Bitcoin’s estimated total demand over the past 30 days has deteriorated to negative 171,000 BTC.
He said demand has shown no improvement and is worsening. According to his analysis, futures market demand fell sharply from 164,000 BTC to 3,000 BTC, while spot demand also turned negative, diverging from the price uptrend.
The brief was published by Techub News and cited CoinPost.
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