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📊 #CryptoQuant : $BTC price on a pause as demand has continued to slowdown. Part of this due to ETF inflows basically stoping.
Liquid inventory (in terms of months of demand) has increased from 15 in late March to 24 currently.
We need demand growth to accelerate again for price to rally.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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