According to BlockBeats, on September 18, according to a recent research report by CryptoQuant, the number of Bitcoin CEX platform deposit addresses fell to 132,100, a multi-year low. This indicator represents the number of addresses that send inflow transactions to the trading platform, indicating that the number of investors selling Bitcoin on the spot trading platform has decreased, and the selling pressure may be reduced.
Julio Moreno, head of research at CryptoQuant, said the drop in deposits on trading platforms not only indicates less interest in selling bitcoin, but could also mean less demand for bitcoin overall as fewer traders are depositing funds to bet on higher prices.
