Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Bitcoin demand rebounds to over 100,000 BTC despite significant January decline
Bitcoin prices stabilize after late January surge amid rising demand.
Bitcoin's apparent demand is recovering at around 100,000 BTC after an over 80% decline within the past 30 days, according to CryptoQuant data.
Historical records show demand peaked at 810,339 BTC on August 23, 2017; 573,885 BTC on January 10, 2021; and 464,490 BTC on April 1, 2024, when the last Bitcoin halving occurred.

Data from January to early February 2025 indicates apparent Bitcoin demand dropped from 207,964 BTC on Jan. 1 to 33,587 BTC by Jan. 31 before recovering above 50,000 BTC in early February and exceeding 100,000 BTC by mid-month.
Although the January 2025 figure marks the highest intra-year reading so far, it remains below previous bull-cycle levels.
Prices reached around $109,000 US dollars in late January before stabilizing in the mid-$90,000 range through February. While demand appears robust and increasing on a month-to-month basis relative to the end of 2024, it does not approach the multi-hundred-thousand levels observed in past cycles.
















