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Bitcoin Demand Strong As Ever, Says Top On-Chain Analyst – Here’s Why – The Daily Hodl

An emerging crypto analyst is saying that demand for Bitcoin remains strong as ever according to a series of on-chain metrics.

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An emerging crypto analyst is saying that demand for Bitcoin remains strong as ever according to a series of on-chain metrics.
In a tweetstorm, the analyst who goes by Dilution Proof lays out a number of clues signaling that the world’s biggest crypto asset by market cap is seeing a massive influx of buying power.
Dilution Proof points out that Bitcoin’s monthly close was accompanied by large amounts of exchange withdrawals, indicating that investors with deep pockets are buying BTC.
The analyst…

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