#BTC Spot Demand Plummets as Market Correction Hits Month 5
Bitcoin isn’t crashing, but the slowdown is undeniable. We’ve entered the 5th straight month of correction, and this time the weakness is not just price-based—it’s structural.
The initial trigger came on October 10, when futures liquidity collapsed: over 70,000 BTC in Open Interest disappeared in a single day, wiping out more than $8B. But the more concerning trend is in spot demand.
Since October, BTC spot trading volume has been nearly halved. Binance alone dropped from almost $200B in monthly volume to $104B, while Gate.io and Bybit saw similar declines. Add in $10B lost in stablecoin market cap and continued exchange outflows, and the picture is clear: investors are stepping back, not stepping in.
The market now faces a key question: Will Bitcoin rally when spot volume returns, or is this calm just the silence before the next leg down? Traders and investors are watching closely, as structural weakness could signal deeper challenges ahead.
📊 Key Takeaways:
Futures liquidity shock triggered the current correction
Spot volume decline indicates waning investor confidence
Stablecoin market contraction amplifies downward pressure
Exchanges seeing net outflows → cautionary signal
The next few weeks will determine whether Bitcoin finds its footing or continues its slow bleed. Stay alert, watch the data, and don’t ignore the structural signals.

