Bitcoin Demand Drops to -650,000 BTC, Hitting Extreme Low Seen Only 3 Times Since 2019

BTC-1.05%
According to CryptoQuant analyst MorenoDV, Bitcoin's 30-day combined spot and perpetual futures demand growth dropped to approximately -650,000 BTC on June 9. This threshold has occurred only three times in history since 2019, marking one of the most extreme contraction periods for Bitcoin demand.
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