Analyst: BTC price rise accompanied by negative divergence in trading volume, and market liquidity is significantly insufficient
Source: ChainCatcher
Time: 2025-09-12 14:35:01
According to ChainCatcher, CryptoQuant analyst Axel Adler Jr said that after Bitcoin hit a record high, on-chain trading volume reached $62 billion, while the total spot and futures on centralized exchanges were only $41 billion, which is extremely rare. At the same time, the market has shown a negative divergence in trading volume, that is, the price has risen but the trading volume has declined, which essentially reflects insufficient liquidity.