CryptoQuant CEO: Bitcoin’s rise is driven by futures, on-chain spot demand remains negative
2026-04-27 05:44
Odaily Planet Daily News: Ki Young Ju, CEO of CryptoQuant, stated that the current Bitcoin rally is primarily driven by the futures market, while on-chain spot demand remains negative.
He pointed out that, based on historical experience, bear markets usually end only when both spot and futures demand recover simultaneously.
