CryptoQuant Research Director: Bitcoin Spot Demand Growth is Shrinking
By:Cointime
On March 9th, CryptoQuant research director Julio Moreno posted on X platform, saying that the reason for the decline in Bitcoin price is simply that the current growth in spot demand for Bitcoin is shrinking, while Bitcoin's short positions dominate the futures market.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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