BeInCrypto

CryptoQuant CEO Warns Bitcoin Demand Imbalance

Bitcoin’s recovery is being driven by perpetual futures traders, not organic spot buyers, according to CryptoQuant CEO Ki Young Ju. On-chain apparent demand remains net negative despite heavy ETF inflows and corporate accumulation. Bitcoin (BTC) trades near $77,500 after failing to push through $80,000. The divergence between futures positioning and spot flows is becoming the

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