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CryptoQuant analyst Darkfost said that BTC total demand has returned to positive territory, while spot demand remains negative but has improved significantly from the September 20 low.
PANews, citing Bitcoin Magazine, reported that iTrustCapital's CEO CEO said that more than half of its clients are buying Bitcoin and have continued allocating since the 58,000 USD lows.
CryptoQuant analyst Darkfost said that Bitcoin futures demand fell to approximately 3000, while spot demand remained negative, and 30-day cumulative total demand fell to approximately negative 171000 BTC。
CryptoQuant analyst says Bitcoin's 30-day spot demand remains negative, with the recent rise mainly supported by easing selling pressure,ETF inflows, and net exchange outflows.