Spot demand for Bitcoin has remained in negative territory since November 2025, meaning for over 10 months. In June, an extreme figure of -273,000 $BTC was recorded. Currently, the situation has improved: spot demand stands at -72,000 $BTC. This is an improvement, but the dynamics remain unchanged, and the market is still driven more by temporary impulses from futures than by a genuine resurgence in demand.
August 6, 2026 1.6K 1
