📉 Bitcoin demand has been falling since April, reaching negative values. According to CryptoQuant, demand growth has slowed from 496,000 BTC in April to -25,000 BTC. The price of Bitcoin has fallen from $70,000 to $51,000. The reason is a decrease in ETF purchases in the US. The premium on Coinbase has also fallen to 0.01%. However, regular holders continue to accumulate BTC at a record pace, despite the decline in interest from whales.