CryptoQuant: Bitcoin spot demand continues to shrink, leveraged long positions exacerbate market vulnerability
CryptoQuant analyst MorenoDV_ pointed out that Bitcoin's recent price trend has shown a dangerous divergence: the Taker buy volume on Binance has continued to decline, reaching a low not seen in months, indicating a significant weakening of the market's willingness to buy actively; meanwhile, the funding rate on Binance has risen back into positive territory, suggesting that traders are increasing their long positions through leverage.
Historical patterns show that when the funding rate rises while spot demand simultaneously shrinks, it often signals that the market is entering a later stage of speculation—leverage-driven trends lack support from spot capital, making them structurally fragile. If buying pressure does not effectively rebound, the current high funding rate may reflect more potential risks rather than market strength.
You may also like

Morning News | Five major virtual asset platforms in South Korea have experienced 57 incidents of hacking and system failures in six years; Grayscale submits registration application for Canton ETF

Should we escape the peak? The principle of the tail-end market in the stock market

RootData: May 2026 Cryptocurrency Exchange Transparency Research Report

Founder of Baixing.com: My Experience with Claude Code in Fourteen Points

Yang Ge Gary: Agent Economics and AI Microeconomics

When reasoning becomes a scarce resource, who captures its value?

Jensen Huang dramatically "rescues" the South Korean stock market

Stablecoins vs Deposit Tokens: On the surface, they seem like opposing sides, but in reality, they are interconnected

Bitcoin Crash to $50,000 or Bear Trap Before $100,000? Deep Dive for WEEX Traders

How Could the SpaceX IPO Affect Bitcoin, Altcoins season, and Crypto Liquidity?

The ambitions of Kalshi, MTS, and a16z

The AI bubble is bursting

Real withdrawal is to release water: When crypto VCs position themselves in the Agent network effect

Has the narrative of BTC as "digital gold" failed?

A Perspective on the Indian Cryptocurrency Market: Descending into Silence or Moving Towards Maturity?

It took me a year to see the painful truth about Agent payments

Morning News | Bitmine issues preferred shares to raise $300 million; Polymarket accuses Kalshi of industrial espionage

