According to the latest report from COINOTAG on April 26, analysts at CryptoQuant have found a significant increase in on-chain demand for Bitcoin. Data shows that purchasing activity has strongly rebounded, indicating that the interest of investors who were previously dormant in the market is now reawakening. Prior to this, net flows had once dropped to severely negative levels, specifically below -200,000 BTC. Therefore, the capital that was on the sidelines seems to be re-entering the cryptocurrency market, suggesting a shift in sentiment among traders and institutional investors. The revival of purchasing interest could be a key indicator of potential market stability, as participants look to take advantage of favorable pricing dynamics.
