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Wu Blockchain reports that CryptoQuant's analysis shows Bitcoin has risen 24% since August 17, reaching a peak of $80,000. The bull market score jumped from 30 to 80 within a week, marking the most bullish level since October 6, 2025, with 8 out of 10 indicators turning bullish. Apparent spot demand for Bitcoin is growing at the fastest monthly pace since late December last year, and both spot and futures demand expanded simultaneously for the first time since early October 2025. The report suggests the market has entered the early stages of a new bull run but needs to close above the 365-day moving average of around $83,000 to confirm it officially. In the short term, traders' unrealized profit margins have risen to 20.5%, the highest since June 2025. On August 20, whales realized a record-breaking $614 million in profits. Exchange inflows for Bitcoin, Ethereum, and XRP have also increased, indicating potential short-term selling pressure. https://(wublock123.com)/news/cryptoquant-bitcoin-bull-market-score-rises-30-to-80-67234

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