Content
@
0 reply
18 recasts
21 reactions
rezakhan1364
@rezakhan1364
Bitcoinβs rapid demand is eating up market supply Demand for Bitcoin (BTC) is growing at a monthly rate of 228,000 units, while supply is at its lowest level since 2020, according to research firm CryptoQuant. Bitcoin hoarding addresses have hit a record high of 495,000 units per month, and OTC exchange inventory has fallen by 26,000 units in 2024. The supply-to-demand ratio has also fallen to 6.6 months from 41 months in October. At the same time, the total value of stablecoins has crossed the $200 billion mark for the first time, indicating new liquidity entering the market.
8 replies
2 recasts
11 reactions
Fati
@zeus8
120 $DEGEN good luck
1 reply
0 recast
0 reaction
$DEGEN Tip Bot
@degentipbot.eth
β 120 tipped β 4 remaining 120 / 124 (97%) π§π§π§π§π§π§π§π§π§π§
0 reply
0 recast
0 reaction