TechFlow, 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.
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