Bitcoin Demand Slips Despite $530M Strategy Purchase and Strong Fund Inflows
BTC demand fell below miners' supply as Bitcoin's Apparent Demand measure fell.
Strategy revealed it bought 4,980 BTC for $531.9 million, its eleventh straight BTC buy.
Bitcoin investment products saw $2.2 billion in weekly inflows in 2025, totaling $14.9 billion.
As its Apparent Demand measure went negative on Monday, Bitcoin (BTC) trades over $107,000, indicating decreasing purchasing demand despite rising miners' supply. Following Strategy's (MSTR) $531.9 million purchase of 4,980 BTC last week, which brought its holdings around 600,000 BTC, demand dropped.
Bitcoin sales slow as institutional interest rises.
According to a Monday CryptoQuant study, Bitcoin's demand has declined in recent days after its Apparent Demand indicator became negative.
The Bitcoin Apparent Demand indicator compares freshly minted Bitcoin to BTC's latent supply. The drop in this statistic indicates that new Bitcoin buyers have yet to absorb the increased supply from miners and LTH profit-taking.
The corporation bought 4,980 BTC for $531.9 million for the eleventh week in a row since April 14. Strategy bought 597,325 BTC between June 23 and 29 at an average price of $106,801. The corporation is closing near with 600,000 BTC in treasury.
Bitcoin Treasuries data shows over 130 public corporations, including Metaplanet, GameStop, Semler Scientific, ProCap BTC, and Galaxy Digital, using Bitcoin treasuries.
On Derive, Bitcoin options traders have been cautious, with 20% of open interest in put options at $85,000, $100,000, and $106,000.
"This suggests that traders are positioning for potential downside, possibly bracing for macro uncertainty or profit-taking after recent strength," said the creator of Derive.
Bitcoin ETFs have continued to experience inflows, absorbing most of the selling pressure from LTHs despite the reduction in demand. Last week, ETFs received $2.2 billion, bringing their year-to-date inflows to $14.9 billion.
