Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.
Bitcoin needs more demand to hit a new all-time high, new research says, as whale accumulation slows to a crawl.
In its latest weekly report seen by Cointelegraph, onchain analytics firm CryptoQuant says that “most” demand metrics currently show weakness.
Bitcoin is still not a strong enough buy to attract the kind of investment that could send it to all-time highs.
