CryptoQuant: BTC spot trading below $10,000 increased 9.7% in 30 days, with retail demand rebounding

PA一线
PA一线
PANews reported on July 31st that according to CryptoQuant analysis, altcoin market activity has increased significantly since Bitcoin's price broke through its all-time high of approximately $120,000. Ethereum's price has risen 170% from its recent low, now only about 23% away from its all-time high of $4,871. SharpLink recently invested $1.3 billion to hold 438,190 ETH, sparking market enthusiasm. Altcoin and Ethereum futures trading volume reached $223.6 billion, a five-month high, accounting for 83% of total futures trading volume, while Bitcoin accounted for only 17%. Of Binance's 424 futures trading pairs, only 23 showed negative values. Meanwhile, Bitcoin spot trading volume declined, while small transactions (under $10,000) increased 9.7% over 30 days, indicating a rebound in retail demand, which could foreshadow further gains in the Bitcoin and altcoin markets.
Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
一周预告

一周预告

Weekly preview | The White House Digital Asset Markets Working Group is expected to release its first crypto policy report on July 22; the Federal Reserve holds a meeting on bank capital
一周预告

一周预告

Weekly preview | "Crypto Week" is coming, multiple crypto bills will be reviewed; TRUMP tokens worth about $800 million will be unlocked soon
PA一线

PA一线

Important information from last night and this morning (July 3rd - July 4th)
PA一线

PA一线

Amber International raises $25.5 million to bolster its cryptocurrency reserve program
加密攻略

加密攻略

The reshaping moment of centralized exchanges: the evolutionary divisions of the three Chinese giants in 2025
PA一线

PA一线

Important information from last night and this morning (May 21st - May 22nd)

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
An address allegedly sold ETH after holding it for two months, incurring a 39% loss.
PANews Newsflash