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47· Steady
Markets1h 22m ago
Onchain data shows the bitcoin market price is only just above its realized price and demand is weakening, especially from ETFs.
not specified
Who
CryptoQuant, U.S. spot bitcoin funds, SpaceX, OpenAI, Anthropic, Lookonchain, Santiment
What
Onchain data shows the bitcoin market price is only just above its realized price and demand is weakening, especially from ETFs.
When
Fri, 12 Jun 2026 10:41:24 GMT · 1h 22m ago
Where
not specified ·
Why
Total bitcoin demand fell by 652,000 BTC last week, the largest contraction since January 2022, and demand from ETFs is shrinking at the fastest pace since their debut.
The Frontline Impact
How this affects you
The largest cryptocurrency, Bitcoin, is trading near $63,000 but some data, including weakening demand from ETFs, suggests a potential drop to levels last seen in early 2024, indicating the market is in a value zone rather than a confirmed recovery. Conversely, renewed bullish positioning in DOGE and options flows point to expectations for a Bitcoin bounce toward $75,000 by late July.
Story chain
1 event in this threadNo related history yet - this is the origin event.
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