Crypto Quant: Demand reaches unprecedented levels, Bitcoin faces a seller liquidity crisis

According to a weekly report by Crypto Quant, analysts predict that with the surge in demand for Bitcoin and the decline in seller liquidity, the current stock of Bitcoin has plummeted to the lowest historical monthly demand level. At present, the liquidity inventory of Bitcoin sellers is only sufficient to meet the demand growing at the current rate for 12 months. Crypto Quant stated, "This only considers the demand for accumulated addresses, which can be considered as the low-end of Bitcoin demand. As the US spot Bitcoin ETF can only obtain Bitcoin from local entities, canceling Bitcoin on CEX outside the US will further reduce Bitcoin liquidity inventory to six months.".