CryptoQuant Founder: Bitcoin's futures and spot demand turn positive simultaneously for the first time, suggesting a potential start of a new bull market cycle.

2026.08.20 20:43:43

CryptoQuant founder Ki Young Ju stated, "For the first time since Bitcoin hit its all-time high (ATH) in October 2025, demand for the leading cryptocurrency has turned positive across both spot and perpetual futures markets. The current scale of this demand growth remains limited, but if the trend persists for one month, it would be reasonable to conclude that the previous bear market has ended and a new bull cycle has begun."

Source

Add to Favorites Download image Share x Copy link

Relevant content

Analysis: The majority of BTC sold on-chain are currently profitable, and strong buying pressure is a typical hallmark of a bull market.

Glassnode notes that Bitcoin’s entity-adjusted Spent Output Profit Ratio (SOPR) 7-day moving average has reclaimed the 1.00 break-even threshold. This means most on-chain sold tokens are in profit, yet the price has not immediately pulled back—signaling strong enough buying demand to absorb profit-taking selling pressure, a hallmark of a bull market. If the indicator remains above 1, it reflects robust demand; a drop back below 1 would indicate this supporting force is fading. The accompanying chart’s orange line is the adjusted SOPR, gray line tracks BTC price, green areas denote overall profitable sales, and red areas represent overall loss-making sales.

5 minutes ago

Meme coin ROBIN rose 47% in 24 hours, with its market cap surpassing $6.5 million.

According to GMGN data, the on-chain meme coin ROBIN on Robinhood Chain has surged 47% in 24 hours, with its market cap exceeding $6.5 million. ROBIN (Robin the Frog) is directly based on a real character from *The Muppets*: Robin the Frog, nephew of Kermit the Frog. This character also appears in *Muppet Robin Hood*, linking directly to the Robin Hood story—an alignment that fits closely with Robinhood Chain’s narrative. The community has dubbed it the "Pepe of Robinhood Chain" or "the native frog of the chain". BlockBeats reminds users that meme coins often lack practical use cases, experience significant price volatility, and caution is required for investments in these assets.

5 minutes ago

Crypto figure 'Maji' adds long positions in ETH and HYPE, total positions hit $130 million.

Per TradingBeats monitoring, "Big Brother Ma Ji" Huang Lichang added to his long positions in Ethereum (ETH) and HYPE ten minutes ago, lifting his total position size to $130 million. His current positions are as follows: ETH long positions worth approximately $86.34 million, with an unrealized profit of ~$4.05 million, entry price of $2,516.72, and liquidation price of $2,518.34; BTC long positions of ~$40.26 million, with an unrealized profit of ~$250,000, entry price of $80,845.90, and liquidation price of $73,334.33; HYPE long positions of ~$5.15 million, with an unrealized loss of ~$10,000, entry price of $92.54, and liquidation price of $18.38.

5 minutes ago

Machi Increases Positions to $131M: 32.6K $ETH, 495 $BTC, 55.5K $HYPE

As the market rises, Machi(@machibigbrother) has increased his positions to $131M! He's now long: 32,600 $ETH ($85.73M) 495 $BTC ($40.26M) 55,500 $HYPE ($5.06M) Liquidation prices: $ETH: $2,517 $BTC: $73,501 $HYPE: $18.7

5 minutes ago

HYPE extends its upward momentum, hitting a new high of $94.49.

According to HTX market data, HYPE extended its upward momentum after hitting a new high above $90 yesterday, notching a 4.5% 24-hour gain to reach a peak of $94.49, and is currently trading at $92.3. HYPE has a market capitalization of $20.52 billion, ranking 8th on the cryptocurrency market cap rankings (excluding stablecoins).

5 minutes ago

Jiang Zhuoer: Short selling is employed to reduce drawdowns following spot price increases, generating a 34% coin-denominated profit after several months of trading.

Jiang Zhuoer, founder of crypto mining pool BTC.TOP, stated in a post that after several months of trading, his coin-based profit reached 34%, and his USDT-denominated profit hit 92%, nearly doubling. The keys to profitability are position sizing, trading strategies, and coin selection. One must incorporate market sentiment into trading to grasp its nuances. We are now in a bull market cycle; his default position is full spot holdings of Ethereum (ETH). Apart from several recent short positions, the more critical approach is to hold spot ETH fully long-term, as shorting only serves to mitigate drawdowns after spot prices rise.

5 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.