Bitcoin Demand Cools: Large Investors Halve Buying Volume, Price May Seek $92,000 Support Level

TokenomicsTrapper · 2025-06-22T15:28:26+00:00

Bitcoin demand has cooled after a rapid rise, with spot demand growth slowing down, Whale and ETF purchases halving, and new investor demand decreasing. If demand remains weak, $92,000 may become a support level, and a failure could lead to a dip to $81,000.

TokenomicsTrapper

2025-06-22 15:28:26

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According to Julio Moreno, the research director of the data platform Bitu, Bitcoin demand is showing signs of cooling after experiencing a period of accelerated rise, with prices approaching $112,000. Spot demand is still on the rise, but the growth rate has slowed and is currently below historical trends. The purchase volume of Bitcoin by whales and ETFs has halved. The demand from new investors is also declining. In the futures market, investors have recently chosen to take profits and begin establishing new short positions. If demand remains weak, Bitcoin may find support near $92,000, which corresponds to the on-chain actual cost price for traders and is a typical support area during a bull market. If this support fails, the next support level may be at $81,000, close to the lower bound of the on-chain actual cost price for traders.

BTC-2.21%

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