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CryptoQuant: Retail investors continue to sell off Bitcoin, while large whales are absorbing the sell pressure

2026-07-18 08:08:03

Abstract generation in progress

Golden Finance reported that on July 18, according to CryptoQuant data, yesterday’s Bitcoin (BTC) demand fell further compared with the previous day. The main source of negative demand was the spot market, and selling pressure in the market continued. However, the data shows that the number of Bitcoins flowing into “accumulated addresses” is increasing, indicating that some of the sell-off coins are being absorbed by long-term holders.
Currently, the spot market has continued to see capital outflows since November last year, but whale investors are taking up these sell orders. Analysts believe that when Bitcoin spot demand turns positive again, the market may see a strong bullish run.

BTC0.81%

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