Bitcoin spot demand is contracting at its fastest rate since January 10, per CryptoQuant. The rally was driven by leverage, not organic buying, raising correction risks.

Bitcoin spot demand is contracting at its fastest rate since January 10, per CryptoQuant. The rally was driven by leverage, not organic buying, raising correction risks.

CryptoQuant’s 30-day apparent demand indicator is negative, signaling that buyers aren’t absorbing the available supply and leaving the market vulnerable.