📉 Why Did Bitcoin Drop in Late July? – CryptoQuant Report Highlights 3 Main Reasons

1️⃣ Liquidity Collapse 💧

Mid-July tak liquidity ratio 3-month low par chala gaya. Yani market mein Bitcoin ki supply to kam thi, lekin buyers bhi nahi thay. Jab ETFs ya bade investors ne buy nahi kiya, to market weak ho gaya — chhoti si selling ne bhi price gira diya.

2️⃣ ETF Demand Ka Fluctuate Karna 📊

Kabhi ETF funds ne heavy buying ki, phir achanak withdrawal. Jab ye bade players nikal gaye, to koi aur strong buyer nahi tha price ko support karne ke liye. Institutional support hil gaya.

3️⃣ Slow Accumulation by Smart Wallets 🐢

Long-term smart addresses ne Bitcoin buy kiya, lekin dheere aur delay se. Unka buying market ko us waqt support nahi de saka jab zarurat thi.

⚠️ Conclusion:

Bitcoin ka market fragile tha — supply kam thi, demand aur bhi kam. Result? Market gir gaya, aur koi strong buyer usay sambhal nahi saka.