Data: The ratio of Bitcoin futures to spot has fallen to the low point of October 2022, indicating strong demand for spot goods

According to Swissblock, a cryptocurrency analysis company, "We always hear people say, 'Fake breakthroughs rebound. Shipments pick up.' The fact is completely different. Since the low point in April, this market has been driven by spot trading - large fund allocators are frantically buying up almost all of the remaining BTC. The ratio of futures to spot has fallen back to the low point of October 2022, which is a signal of epic spot demand. This is true