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Analyst: On-chain data indicates that Bitcoin selling pressure is weakening, and the market is buying the dip

By: theblockbeats.news|2025/10/25 06:18:28

BlockBeats News, October 25th, CryptoQuant analyst Axel posted on social media that the Bitcoin Exchange Supply Ratio (30d MA) of profit-taking supply has rebounded from -12% to -6%, indicating that selling pressure is easing, and the market is seeing buying opportunities on dips. Although the current proportion of profitable coins is still lower than a month ago, the decline has significantly narrowed — the negative momentum is weakening.

WLFI added 300 million USD1 minted in the early hours of today.

An address has invested $1.2 million to acquire GIGGLE TOP20 address, with an average price of $251.