CryptoQuant: Bitcoin demand has continued to weaken since December last year

the on-chain analysis platform CryptoQuant tweeted that it is witnessing the weakest period of Bitcoin demand this year. By comparing the new supply with the supply that has been idle for over a year, the current demand dynamics are understood. When this ratio is below 0, it indicates that demand has turned negative, which means the amount of Bitcoin actively acquired is decreasing. It can be seen that demand has been weakening since December and continues to decline over time. This indicates that in the ongoing political and economic uncertainty, investors are becoming more cautious and may shift towards lower-risk assets.