Since the Presidential opening of the United States, the total growth of the Bitcoin spot has slowed. An immediate demand growth is needed to collect BTC price again; However, the scale is not yet.
Cryptoquant a report She revealed that although there is no such increase, BTC large investors entered the formation stage and are loaded on their bags.
Bitcoin demand growth is slow
Although the growth of immediate demand is slow, the clear demand for Bitcoin continued in the expansion area, but at a slower pace. The expansion rate decreased from 279,000 BTC in early December 2024 to 75,000 BTC currently.
In addition, the increase in demand momentum has decreased from 1.7 million to 0.1 million between early December and now. Bitcoin needs to see an increase in the growth of this scale in order to collect it significantly.
It is worth noting that Bitcoin’s growth growth from senior investors rose between January 14 and 17 before US President Donald Trump was inaugurated. Cryptoquant found that the monthly percentage of the large contestants in the BTC Holdings increased from -0.25 % to +2 % between 14 and 17 January, which represents the highest monthly rate since mid -December.
The data on the series revealed that big investors have been one of the main engines of demand and prices in Bitcoin since the US presidential election. This group of market participants increased their holdings, while small investors have done the opposite. Between November 4 and January 24, the total possession of big investors grew from 16.2 million BTC to 16.4 million, while young investors have declined from 1.75 million to 1.69 million BTC.
Big investors lead the BTC price
With the leadership of senior investors on demand and bitcoin price, the sale pressure decreased significantly, mainly after its owners sold their assets to achieve profits during the assembly in December. Analysts indicated that the daily profits achieved were $ 10 billion when BTC hovered about $ 100,000 in December.
Currently, the achieved daily profits have decreased to levels between two billion dollars and $ 3 billion, indicating that traders have finished selling BTC to a large extent. This can also be seen in the uninterrupted profit margins of traders that decrease to levels that often determine the price of the price.
“The merchant team in the series achieved that the profit margin had almost decreased to zero in mid -January, after touching feverish levels near 60 % in November to December, when Bitcoin rose about $ 100,000. The low profit margin achieved for merchants indicates that there are profits Less through the sale and thus the low -sales pressure of Bitcoin. “
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