CryptoQuant analyst Axel Adler Jr posted on social media that bitcoin market demand is approaching the peak level of the last bull market.
There is currently an average of about $1.80 billion of new money flowing into the market every day, which is comparable to the level when the bitcoin price hit $64,000 in November 2021. The largest inflows in this cycle occurred when the bitcoin price reached $73,000 (peak $3.60 billion) and $92,000 (peak $4.50 billion). According to AxelAdlerJr, this indicator shows that investors are still willing to deploy large-scale funds even after setting record highs.
CryptoQuant analyst: Bitcoin average daily inflow of $1.80 billion, close to the peak of the last bull market
2025-05-30 04:52:33
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