PANews|Sep 28, 2026 05:17
[Analyst: Bitcoin demand has not improved, but has further weakened]
CryptoQuant analyst Darkfost posted that Bitcoin demand has not shown improvement and has instead further weakened. Futures demand has dropped from 164,000 BTC to only 3,000 BTC; spot demand remains at a negative level of -174,000 BTC, despite strong ETF inflows. This has caused the total estimated demand (30-day cumulative) to decline to -171,000 BTC. Meanwhile, over the past 15 days, Bitcoin's price has still risen from $74,000 to $84,000.
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