📉 Urgent: Demand for Bitcoin is drying up at a record pace!

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📅 Details:

Short-term Bitcoin holders (STHs) have shed 800,000 BTC since May 27, with demand momentum dropping to -2 million BTC, the worst ever according to CryptoQuant.

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📌 Key Points:

– STH holdings decreased from 5.3 million to 4.5 million BTC

– Immediate demand fell to 118,000 BTC over 30 days, compared to 228,000 in May

– Purchases by whales and ETF funds dropped by 50%

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📈 What does this mean?

– The decline in new investors reflects weak confidence in the market

– Bitcoin may face support at $92,000, with risks of falling to $81,000

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❓ Is this decline a buying opportunity or a signal to sell Bitcoin?

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