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ETH $1,886.71 +0.66%
BNB $614.14 +2.48%
XRP $1.01 +0.66%
SOL $76.20 +0.32%
TRX $0.3341 +0.84%
DOGE $0.0719 +2.84%
ADA $0.1868 -1.36%
BCH $213.17 -0.67%
LINK $8.71 +4.01%
HYPE $54.47 -1.67%
AAVE $89.71 +0.87%
SUI $0.6913 +0.62%
XLM $0.1618 +0.48%
ZEC $481.77 -2.25%

CryptoQuant CEO: Bitcoin is currently driven by the futures market, and the sustainability of the rise still requires support from spot demand

2026-08-12 12:08:43

CryptoQuant CEO Ki Young Ju stated that the current trend of Bitcoin is mainly driven by the futures market. He pointed out that although open interest continues to rise, on-chain spot demand remains in a state of net negative growth.

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