btc apparent demand just hit -147k coins according to cryptoquant, the most bearish reading weve seen in 2026 so far.

ngl its showing real weakness in spot buying pressure. this metric basically measures new $BTC issuance minus the coins long term holders have kept untouched for over a year.

right now growth feels way more derivatives driven than actual accumulation. $BTC $ETH $sol

#Bitcoin #BTC #CryptoMarket #OnChain