CryptoQuant's latest report shows that bitcoin hoarding addresses added 225,280 BTC to their holdings this month as of December 23, an increase of 82.6% month-on-month. Over the same period, total seller liquidity (the number of bitcoins available for sale on exchanges and ETFs) decreased by about 590,000, with a sharp drop of 520,000 between December 22-23. Over the counter (OTC) supply fell from 421,000 to 403,000, and the liquid inventory ratio fell from 12 months to 5.5 months.
It is worth noting that whale addresses with more than 1,000 BTC reduced their holdings by nearly 8,600 BTC this month, but short-term holders have reached 3.81 million, only 70,000 short of their historical peak.
Data: Bitcoin hoarding address increased holdings by 225,000 in December
2024-12-26 01:06:26
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