Glassnode: New capital inflows into Bitcoin covered less than 40% of market cap growth
- —7-day average spot and U.S. spot ETF volume was about $6.8 billion
- —New capital inflows over 30 days to Oct. 5 were under 40% of realized cap growth
- —Short-term holders in profit moved BTC to exchanges to realize gains
- —Europol: 30.2% of issued BTC has an exposed public key, vulnerable to quantum attacks
Why it matters: Weak new-capital inflows suggest the rally is driven by redistribution of existing coins rather than fresh demand, limiting its durability.
Source: TokenPost