CryptoQuant: Bitcoin new capital inflow has dried up, demand momentum hits an all-time low

According to reports from Jinse Finance and data from CryptoQuant, the Bitcoin market is experiencing a severe depletion of new capital inflows. The holdings of short-term holders have decreased from 5.3M Bitcoins on May 27 to the current 4.5M Bitcoins, a reduction of about 800,000 coins. At the same time, the Bitcoin demand momentum indicator has fallen to a historical low of -2 million coins, indicating a significant decline in interest from new investors in the market. This data, compared to the current high price of around $100,000, reflects that the market may face short-term adjustment pressure.