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Bitcoin's demand has decreased significantly, reaching -3,138 BTC on May 21, marking its lowest level since mid-January. According to NS3.AI, both Glassnode and CryptoQuant have reported a decline in spot demand, spot market activity, and U.S.-listed spot BTC ETF holdings. This downturn comes as Bitcoin trades near its true market mean, hovering around key support levels.
$BTC
#OKXPizzaDay #CoinMoveAlert #BTCReserveCodified
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