🚨🚨🚨CryptoQuant : The Bitcoin halving is approaching, and BTC💰 demand has dropped.
1. Profit-taking by investors. Traders in the perpetual futures market are locking in gains amid increased volatility and geopolitical concerns.
2. There is a noticeable slowdown in Bitcoin acquisition by large holders and ETFs, likely due to market uncertainties and upcoming structural changes from the halving.
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