Bitcoin's Apparent Demand Holds Negative for 208 Consecutive Days, Hits -273K BTC

BTC-2.19%
According to analyst alicharts, Bitcoin's apparent demand has maintained negative values for 208 consecutive days as of June 26, most recently dropping to -273,000 BTC. The metric, which measures actual spot demand by comparing newly issued Bitcoin from miners against existing inventory flows, indicates that old supply is entering the market faster than new capital can absorb it, suggesting selling pressure outweighs inflows.
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