Bitcoin demand is fading fast apparent demand has plunged 66% since July, ETFs saw just 11K BTC in net buys (a 4-month low), and MSTR’s pace has slowed sharply. With $74B in profits taken since July, BTC is cooling off after its $120K rally.

Bitcoin demand is fading fast apparent demand has plunged 66% since July, ETFs saw just 11K BTC in net buys (a 4-month low), and MSTR’s pace has slowed sharply. With $74B in profits taken since July, BTC is cooling off after its $120K rally.

Cryptoquant •