CryptoQuant analysts said that long-term BTC holders have increased their holdings at the fastest rate since April 2023. According to the latest market report, the monthly holding growth rate of BTC whales reached 6.3%, indicating an increase in demand for BTC. Although the confiscation of BTC by the German and US governments and the funds allocated by Mt. Gox have increased market supply, the demand of long-term holders has supported the price of BTC. The CryptoQuant report pointed out that the lack of liquidity in stablecoins may delay the rebound of BTC prices, especially the slowdown in the growth of USDT market value. (TheBlock)