CryptoQuant: Bitcoin demand has been continuously weakening since December last year

ChainCatcher news, on-chain analysis platform CryptoQuant tweeted that it is witnessing the weakest period of Bitcoin demand this year. It compares the new supply with the supply that has been idle for over a year to understand the current demand dynamics. When this ratio falls below 0, it indicates that demand has turned negative, meaning the number of actively acquired Bitcoins is decreasing.

It can be seen that demand has been weakening since December and continues to decline over time. This suggests that amid ongoing political and economic uncertainty, investors are becoming more cautious and may be turning to lower-risk assets.