CryptoQuant: Available Bitcoin may dry up in the next “12 months”
Bitcoin appears to be experiencing a “seller liquidity crisis,” with on-chain analytics platform CryptoQuant pointing out that record Bitcoin demand combined with declining seller liquidity has caused Bitcoin’s liquidity inventory to fall to its lowest level in months. The agency estimates that current bitcoin seller liquidity inventories are only sufficient to meet twelve-month demand at current market growth rates. CryptoQuant added that it only includes “cumulative addresses” (i.e. those with no outbound transactions) in its calculations, meaning net demand may still be higher.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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