CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak

60-second summary

Bitcoin's holding structure is deteriorating as whale and dolphin balances have stalled, according to CryptoQuant. Whale and dolphin accumulation has been stagnant for several weeks, indicating weak demand. This trend is concerning as it may signal a prolonged bear market, potentially impacting investor confidence and further depressing prices, which currently hover around $28,000.