CryptoQuant analyst: Bitcoin's average daily capital inflow reaches $1.8 billion, approaching the peak of the previous bull market
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CryptoQuant analyst: Bitcoin's average daily capital inflow reaches $1.8 billion, approaching the peak of the previous bull market
CryptoQuant analyst Axel Adler Jr said on social media that Bitcoin market demand is approaching the peak levels seen during the previous bull run. Currently, the market sees an average of about $1.8 billion in new capital inflows daily, comparable to levels observed in November 2021 when Bitcoin reached $64,000. In this cycle, the highest inflows occurred when Bitcoin hit $73,000 (peaking at $3.6 billion) and $92,000 (peaking at $4.5 billion). Axel Adler Jr noted that this indicator suggests investors still maintain strong willingness to deploy significant capital even after reaching new all-time highs.
Navigating Web3 tides with focused insightsTechFlow, May 30 — CryptoQuant analyst Axel Adler Jr. posted on social media that Bitcoin market demand is approaching the peak levels seen during the previous bull run.
Currently, the market sees an average of approximately $1.8 billion in new capital inflows daily, comparable to levels observed in November 2021 when Bitcoin reached $64,000. In this cycle, the highest inflows occurred when Bitcoin hit $73,000 (peaking at $3.6 billion) and $92,000 (peaking at $4.5 billion). Axel Adler Jr. stated that this metric indicates investors still maintain strong willingness to deploy significant capital even after reaching new all-time highs.
