CryptoQuant latest report reveals the dynamic changes in the Bitcoin market! As of December 23, Bitcoin accumulation addresses have net increased by 225,280 BTC this month, a month-on-month growth of 82.6%. Meanwhile, the selling liquidity in the market has significantly decreased, with a total drop of approximately 590,000 coins, of which 520,000 coins sharply declined between December 22-23, indicating a significant change in the supply-demand relationship in the market.

The over-the-counter (OTC) supply has also decreased, from 421,000 coins to 403,000 coins, and the liquidity inventory ratio has dropped from 12 months to 5.5 months. Notably, whale addresses holding over 1,000 BTC have reduced their holdings by nearly 8,600 BTC this month, while short-term holders have a holding amount of 3.81 million coins, just 70,000 coins away from the historical peak. These data suggest that the strategies of market participants are changing and are worth continuous attention.