CryptoQuant warns Bitcoin’s $66,000 rally fueled by leverage, not spot demand
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🚨 Bitcoin’s $66,000 jump was powered by leverage, not by real demand in $BTC spot trading.
📉 Spot volume stayed cool, while open interest in futures set a new all-time high this week.
📊 ETF inflows rose, but not enough to break the overall quiet spot activity.
👀 Traders focus on spot demand and the anticipated FOMC reversal ahead of the Fed meeting.
Continue Reading:CryptoQuant warns Bitcoin’s $66,000 rally fueled by leverage, not spot demand
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