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Bitcoin's 30-day demand estimate drops to negative 348,000 BTC despite rising spot demand.

Market News
12 Nov 2026, 16:07 WIB
Tokenpost
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Bearish
Bitcoin's 30-day demand estimate drops to negative 348,000 BTC despite rising spot demand.

Bitcoin's combined 30-day demand estimate fell sharply to negative 348,000 BTC as of November 10, indicating a significant decrease in overall demand. This drop contrasts with an earlier figure of negative 171,000 BTC, showing increased selling pressure or reduced interest in futures contracts. However, spot demand for Bitcoin has improved, suggesting some buyers remain active in the market. Analysts are watching to see if spot demand continues to stabilize and if the pressure from perpetual futures contracts eases, which could help balance overall demand.

Bitcoin's recent demand changes provide context for cryptocurrency market activity on Pluang. For readers following crypto, here is Pluang's market snapshot as of Nov 12, 2026 20:32 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable price moves include ONE (Harmony) up 8.38% to Rp30 with a typical hold time of 153 days and a Pluang order activity split of 41% Sell / 59% Buy, ENJ (Enjin Coin) down 8.24% to Rp388 with a typical hold time of 106 days, and EOS (EOS.IO) up 8.13% to Rp12,649 with a typical hold time of 87 days.

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