BTC $78,778.14 -0.63%
ETH $2,490.92 -0.31%
BNB $752.76 +1.45%
XRP $1.42 +0.84%
SOL $103.55 -0.64%
TRX $0.3386 +1.15%
DOGE $0.0900 -1.27%
ADA $0.2181 -1.83%
BCH $257.86 -1.31%
LINK $12.48 -2.37%
HYPE $85.45 +0.30%
AAVE $129.18 -2.39%
SUI $0.8136 -1.84%
XLM $0.1874 -2.83%
ZEC $1,182.33 +2.90%
BTC $78,778.14 -0.63%
ETH $2,490.92 -0.31%
BNB $752.76 +1.45%
XRP $1.42 +0.84%
SOL $103.55 -0.64%
TRX $0.3386 +1.15%
DOGE $0.0900 -1.27%
ADA $0.2181 -1.83%
BCH $257.86 -1.31%
LINK $12.48 -2.37%
HYPE $85.45 +0.30%
AAVE $129.18 -2.39%
SUI $0.8136 -1.84%
XLM $0.1874 -2.83%
ZEC $1,182.33 +2.90%

CryptoQuant CEO: The rise in Bitcoin is driven by futures, while on-chain spot demand remains negative

2026-04-27 13:45:45

CryptoQuant CEO Ki Young Ju stated that the recent rise in Bitcoin is mainly driven by the futures market, while on-chain spot demand remains negative.

He pointed out that, based on historical experience, bear markets typically require a synchronized recovery of both spot and futures demand to potentially end.

app_icon
ChainCatcher Building the Web3 world with innovations.