Data: Bitcoin hoarding addresses increased their holdings by 225,000 in December
the latest report by CryptoQuant shows that as of December 23, the net increase in Bitcoin hoarding addresses this month was 225,280 BTC, an increase of 82.6% compared to the previous month. During the same period, the total seller liquidity (the amount of Bitcoin available for sale in exchanges and ETFs) decreased by about 590,000 BTC, with a sharp drop of 520,000 BTC between December 22-23.
The supply of over-the-counter transactions (OTC) decreased from 421,000 BTC to 403,000 BTC, and the liquidity inventory ratio decreased from 12 months to 5.5 months. It is worth noting that whale addresses holding over 1,000 BTC reduced their holdings by nearly 8,600 BTC this month, but the holdings of short-term holders have reached 3.81 million BTC, only 70,000 BTC away from the historical peak.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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