BTC monthly demand soaring, supply shortage; meme coin $WEPE pre-sale performing well

BTC investors are facing a supply shortage market, and as demand continues to rise, the BTC price could further break through. (Related addendum: [Move Block Ju #154] Is Hondo really winning? Meme coin plays well and can actually double the total assets by k times! (Related supplement: CoinAn Global Survey" meme coin surpassed BTC to become the "most held" token, and the user rate in the coin circle reached 45% this year) This article is widely compiled, written and provided by Clickout Media, does not represent the position of the moving area, this article involves meme coin (Memecoins) related tokens, may have a high volatility risk, not investment advice. For details, please refer to the liability warning at the end of the article. BTC demand has soared, supply has fallen to a four-year low, and according to the latest data from CryptoQuant, the BTC market is experiencing an unprecedented supply-demand imbalance. Since September 2024, monthly demand for BTC has soared to 228,000 BTC, yet market supply has dropped significantly. BTC holdings from major supply sources, including encryptionexchange, Over-the-counter Trading (OTC) platforms, Miner and the Grayscale Bitcoin Trust, have all shrunk significantly. Behind this trend, the BTC market demand has far exceeded the number available for sale. Especially as prices recover, more and more long-term investors are choosing to enter the market to increase their holdings. CryptoQuant noted that the total BTC "cumulative address" holdings rose to a new high of 495,000 BTC in the most recent month. OTC platform inventory plummets, institutional investors drive demand Over-the-counter trading (OTC) platform BTC inventory changes also further confirm the surge in market demand. OTC platform BTC inventory has decreased by 26,000 BTC since November 20, 2024, and a further 40,000 BTC in just a few weeks that followed. Analysts believe that OTC platforms usually serve institutional investors and large buyers, which shows that institutional demand has risen sharply and the market is becoming more and more tense. As of now, Liquidity, the seller of the BTC market, has only 33.97 million BTC left, a decrease of 678,000 BTC during the year. With the proportion of Liquidity inventory falling from 41 months in October to only 6.6 months now, the supply pressure in the BTC market has further intensified. The lack of liquidity not only drops market selling pressure, but may also push prices up further. Investors are facing a supply shortage market, and the BTC price could further break through as demand continues to rise. Wall Street Pepe pre-sale achieves good results In addition to the shortage of BTC supply, Wall Street Pepe has also set off a meme coin buying phenomenon in recent days, and the official team of Wall Street Pepe ($WEPE) announced that the pre-sale scale has accumulated from $4 million to $36 million in just a few days, which is highly up to standard. This phenomenon not only reflects the high level of investor enthusiasm for meme coins, but also reveals the power of online culture and encryption financial depth. Also belonging to the Pepe frog family, $WEPE combines meme culture and iconoclastic spirit to successfully attract investors' attention with a pre-sale record. The origin of $WEPE is due to precise market positioning and community support. The project combines the context of the 2021 GameStop incident with the retail investor's rebellion against the spirit of Wall Street, giving it unique cultural significance. Although the $WEPE official pre-sale figures have risen quickly, showing the explosive power of meme coins, this craze also comes with high risks. Meme coins tend to wane rapidly in popularity, and it remains to be seen whether they can sustain their long-term rise. $WEPE's future performance will depend on its community cohesion and the actual function of the project, and investors need to evaluate carefully to avoid blindly chasing the wind. $WEPE DEX and CEX are currently in the pre-sale phase and are expected to be re-listed after the pre-sale. Go to their official website, X for the latest information on pre-sales. Conclusion: The BTC market is ushering in a new round of upward opportunities The BTC market is entering a phase of demand surge and supply contraction, especially the continuous influx of long-term investors and institutional buyers, which is bringing new momentum to the market. With seller Liquidity hitting a new four-year low, selling pressure on the market eased significantly. This supply-demand imbalance may become an important opportunity for BTC to further break through. Disclaimer Cryptocurrency investment is highly risky and the price fluctuation is large, which may lead to the loss of funds. This article is for informational purposes only and does not constitute investment advice. Do your own research (DYOR) and make your decision carefully. __ Disclaimer: The content of this article is a publicity manuscript provided by the contributor, and the contributor has no relationship with the moving area, and this article does not represent the position of the moving area. This article is not intended to provide any investment, asset advice or legal advice and should not be construed as an offer to buy, sell or hold assets. Any services, programs or tools, etc. mentioned in the content of the publicity manuscript are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor, and the moving area is not responsible for any possible risks or losses, and readers are reminded to check carefully before making any decisions or behaviors. Related reports The "largest in history" $14 billion BTCOptions expire on Friday, beware of sharp market fluctuations Bitwise warns: BTC may face a "painful decline" in the coming weeks, but it is also a good opportunity to catch the bottom Michael Saylor: US BTC reserves are expected to offset $81 trillion of debt, and micro-strategies include S&P 500 opportunities CZ shares news that the UAE has $40 billion BTC reserves: more than I thought... BTC big positive will detonate? 〈BTC monthly demand soars, supply is urgent; This article was first published in BlockTempo "The Most Influential Block Chain News Media".

BTC0.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)