Bitcoin is facing a clear demand slowdown paired with a strong wave of profit-taking, according to the latest weekly analysis from onchain data provider Cryptoquant. ETF Appetite Hits Multi-Month Low, Contributing to Bitcoin’s Pullback A new institutional insights report from Cryptoquant shows bitcoin locked in a pronounced profit-taking cycle amid a broad slowdown in demand. […]
Source: https://news.bitcoin.com/cryptoquant-whale-investors-cash-out-2b-as-bitcoin-momentum-slows/