$LOOOONG
Fading QuicklySnapshot Window: 2026-08-12 04:50 UTC · ← Back to Crypto Overview
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BTC RALLY FUTURES-DRIVEN? CryptoQuant CEO Ki Young Ju says Bitcoin’s current rally is being driven mainly by futures demand, while spot demand remains weak. Strong spot buying is needed to sustain the rally.
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AI visual note: The chart shows Bitcoin's 30-day spot and perpetual futures demand growth (# of Bitcoin) alongside price from March 2024 to July 2026, with futures demand (purple bars) frequently dominating and spiking while spot demand (gray bars) stays relatively muted, visually supporting CryptoQuant CEO Ki Young Ju's claim that the current BTC rally is being driven primarily by futures demand rather than sustainable spot buying.