Bitcoin Demand Turns Negative as Major Holders Reduce Exposure
BeInCrypto
Bitcoin demand has turned negative as major holders and miners reduce their exposure, outweighing institutional accumulation.Summary
Bitcoin is facing significant selling pressure as major holders, including large miners like Riot Platforms and treasury firms like Empery Digital, reduce their holdings. Data from CryptoQuant indicates that large investors have shifted from buyers to sellers, with whale holdings dropping by approximately 188,000 BTC. This trend, combined with a persistently negative Coinbase Premium and weak retail demand, suggests that broader market selling currently outweighs institutional accumulation, despite significant purchases by Strategy.
(Source：BeInCrypto)