CryptoQuant: Bitcoin demand stays weak as short-term holders' unrealized profit falls to 8.1%
- —Demand gauge for BTC negative for 12 consecutive days as of Oct. 25
- —Coinbase BTC price stayed below Binance from Oct. 1 to Oct. 25
- —Unrealized profit for 1–3 month holders fell from 33.4% to 8.1%
- —CryptoQuant bull score at 60, with 6 of 10 metrics still bullish
Why it matters: Weakening demand and shrinking short-term holder profits raise capitulation risk, though the score points to a cooling bull market rather than a bear turn.
Source: PANews