According to BlockBeats, on September 18, CryptoQuant's latest research report showed that the number of Bitcoin CEX platform deposit addresses has dropped 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 has eased.

However, Julio Moreno, head of research at CryptoQuant, pointed out that the decrease in deposits may not only indicate a decrease in selling interest, but also may mean a decrease in overall demand for Bitcoin because fewer traders are betting on price increases.