# Сопутствующие статьи по теме Demand

Why XRP isn’t moving despite $1.2B in ETF demand

Despite over $1.2 billion in inflows into XRP spot ETFs and consistent institutional demand, the price of XRP has remained relatively stagnant, trading near $1.94. This price action occurs alongside a notable increase in accumulation by large wallets (whales), whose supply has climbed back toward 12.8%. Technical indicators show the asset trading below key moving averages, with RSI at 43 and low buying pressure. The convergence of institutional and whale activity suggests a shift in market control and positioning for a potential future move, even though a bullish price breakout has not yet occurred.

ambcrypto12/22 00:02

‘Bitcoin Demand Boom Is Fading’ — CryptoQuant Calls The Start Of Bear Market

CryptoQuant's latest analysis suggests Bitcoin is entering a bear market, citing fading demand growth as the primary catalyst. Key demand drivers—including US spot ETFs, the presidential election, and corporate treasury purchases—have weakened since early October 2025, coinciding with a major market sell-off. Institutional demand has declined, with US ETFs becoming net sellers in Q4 2025, while derivatives activity and trader sentiment have also deteriorated. Bitcoin is now trading below its 365-day moving average, a critical bull-bear threshold. The firm identifies the realized price near $56,000 as a potential bottom, implying a possible 55% correction from all-time highs—which would be the smallest bear market drawdown on record. BTC currently trades around $88,170.

bitcoinist12/21 09:41

Bitcoin's apparent demand shrinks, signals new bear market: Analysts

Analysts from CryptoQuant report that Bitcoin's demand growth has significantly slowed since October 2025, indicating a new bear market cycle. Three waves of demand drove the current cycle: the first following the U.S. Bitcoin ETF launch in January 2024, the second after the 2024 U.S. presidential election, and the third from a BTC treasury company bubble. However, institutional demand has contracted, with ETFs shedding around 24,000 BTC in Q4 2025. Funding rates have also dropped to their lowest since December 2023. Furthermore, Bitcoin's price has broken below its critical 365-day moving average support level. While some analysts remain optimistic for 2026 due to potential rate cuts, current sentiment is in "fear" territory, with low expectations for a Fed rate cut in January.

cointelegraph12/20 21:41

New Bitcoin whales are rewriting BTC’s market structure: Data

New Bitcoin whale activity is fundamentally reshaping the market structure, according to on-chain data. Nearly 50% of Bitcoin’s realized cap is now held by new whales, indicating a structural reset in the network’s cost base. Unlike previous cycles, these whales are deploying large capital at higher price levels, even during pullbacks, suggesting a re-anchoring of Bitcoin’s aggregate cost basis rather than speculative trading. Additionally, the supply held by short-term holders surged by roughly 100,000 BTC in 30 days, reaching an all-time high and reflecting intense demand. Data shows that long-term holders are not selling; instead, short-term holders and some whale-sized wallets provided selling pressure during recent price weakness. However, larger players absorbed this selling, with whale wallets posting a positive $135 million cumulative volume delta, while retail and mid-sized traders reduced exposure. This indicates strong accumulation by high-capital entrants amid market volatility.

cointelegraph12/19 18:33

Ethereum Retail Participation Vanishes: Hits One-Year Low In Network Activity

Ethereum's network activity has hit a one-year low, with active sending addresses falling to around 170,000, signaling a significant decline in retail participation. This drop reflects deteriorating market conditions and fading investor confidence amid prolonged volatility and bearish sentiment. On-chain data suggests a phase of seller exhaustion rather than capitulation, where selling pressure is easing but new demand remains weak. Without retail momentum, Ethereum's recovery attempts have been shallow and short-lived. However, such low activity periods have often attracted long-term institutional accumulation. A sustainable rebound would require both price stabilization and a recovery in network activity, indicating returning demand. Continued stagnation risks deeper consolidation or a demand-destruction phase.

bitcoinist12/19 05:05

Less Ethereum To Sell: ETH Supply On Exchanges Slides To New Multi-Year Low

bitcoinist12/18 18:02

"Old Money" Sells Off, "New Money" Shrinks: Bitcoin Struggles to Find Support

Bitcoin is experiencing a sustained decline due to a significant supply-demand imbalance, with long-term holders selling at the fastest pace in over five years while market demand weakens. Since hitting its all-time high of $126,000 in January, Bitcoin has fallen nearly 30% and is struggling to find support around $85,000. Data shows that early holders ("OGs") have been liquidating their holdings aggressively, with $300 billion worth of dormant Bitcoin re-entering circulation in 2025 alone. Meanwhile, demand from key sources like ETF inflows, institutional interest, and retail participation has dried up. This was exacerbated by a market shock on October 10, when former President Trump’s tariff remarks triggered a record $19 billion liquidation. Despite a brief rally to $90,000, the market quickly resumed its downward trend. Analysts note that this cycle’s sell-off is unique—driven not by altcoin trading or protocol incentives, but by deep liquidity from U.S. ETFs and institutions, allowing early holders to realize profits. While some believe long-term holder selling may soon ease, Bitcoin continues to face pressure from weak demand and thin market liquidity. The market’s ability to stabilize remains uncertain.

华尔街日报12/18 00:15

Witnessing History! Just Now, the First Limit-Up! Are Commodities Rallying Across the Board?

On December 15, the platinum futures contract on the Guangzhou Futures Exchange surged by 7%, hitting a daily limit up for the first time since its listing, closing at 482.4 yuan/gram. Palladium futures also rose sharply by 4.73%. This rally reflects a broader global trend, with international platinum prices up 93% year-to-date, driven by structural supply constraints and growing demand. Supply-side issues are critical. Over 70% of global platinum production comes from South Africa, where aging infrastructure, power instability, and high operational costs hinder output. Similarly, palladium supply remains tight, with Russia—supplying over 40%—facing geopolitical risks. Global platinum supply has declined significantly from 258.4 tons in 2021 to an estimated 227.4 tons in 2024. Demand is robust and diversifying. Automotive applications (37.4% of platinum demand) remain stable, while industrial use (30%) spans chemicals, glass, and electronics. The hydrogen economy presents a major growth opportunity, as platinum is essential for fuel cells and electrolyzers. Investment demand is rising due to macroeconomic uncertainty and potential monetary easing. Analysts are bullish long-term, with some predicting platinum could reach $2,170–$2,300/oz by 2026. However, risks include high volatility, potential demand substitution from elevated prices, and sensitivity to global industrial activity. The rally underscores a broader commodities momentum, with some drawing parallels to Bitcoin’s role as "digital gold."

marsbit12/15 10:43

Oracle Plunges 40%, Will Excessive AI Infrastructure Overbuild Drag Down Giants?

Oracle's stock has plummeted 40% from its September peak, despite securing over $500 billion in AI infrastructure orders, signaling that massive backlogs alone no longer assure investor confidence. Similarly, Broadcom, with a $73 billion AI order backlog, and CoreWeave, which recently landed $36 billion in deals with OpenAI and Meta, have also faced stock declines. The market is growing skeptical of the AI infrastructure boom, concerned not only about suppliers' ability to fund and deliver these projects but also about the financial health and commitment of their major clients—primarily tech giants like Meta, Alphabet, Microsoft, Amazon, Apple, and Nvidia, alongside AI startups like OpenAI and Anthropic. While giants have robust finances, they are increasingly relying on debt to fuel AI capex, with soaring expenditures on data centers straining cash reserves and free cash flow. For instance, Microsoft, Alphabet, and Amazon are projected to collectively invest $1 trillion over four years. However, AI still contributes minimally to their overall revenue, raising questions about the sustainability of using profits from core businesses to fund speculative AI expansions. Execution challenges—such as power grid limitations, cooling issues, and community opposition—further complicate timely deployment. The critical uncertainty remains: if exponential AI demand fails to materialize and monetize quickly enough, these vast investments could lead to underutilized infrastructure, massive losses, and a fundamental weakening of these tech titans. The race between AI infrastructure build-out and actual market payoff will determine whether this bet becomes a triumph or a disastrous overreach.

marsbit12/13 06:04

Glassnode: Bitcoin Weak and Volatile, Big Fluctuations Coming?

Bitcoin remains trapped in a structurally fragile range, pressured by rising unrealized losses, elevated realized losses, and significant profit-taking by long-term holders. Despite persistent selling pressure, patient demand has anchored the price above the Realized Price (~$81.3K), though reclaiming the Short-Term Holder cost basis (~$102.7K) remains a key resistance level. On-chain metrics show increased capitulation from recent buyers and sustained distribution by long-term investors. Off-chain conditions are weak, with negative ETF flows, thin spot liquidity, and muted speculative interest in futures markets. Options traders are pricing in near-term volatility, accumulating downside protection ahead of the FOMC meeting. The market’s direction hinges on whether liquidity improves and selling pressure subsides, or if the current time-driven bearish pressure persists. Post-FOMC, implied volatility is expected to decay into year-end barring a hawkish surprise.

marsbit12/12 09:25