hello, good news! BTC accumulation growth will make way for new highs.

🚀 Get your popcorn and coffee ready, because the crypto market is in the midst of a major drama! According to CryptoQuant, Bitcoin demand is going crazy, while supply is getting tighter. Since the end of September, Bitcoin demand has grown by 228,000 BTC per month, while stocks on exchanges, OTCs, and miners have fallen to their lowest levels since October 2020.

- Investors who like to accumulate BTC without selling, aka 'BTC accumulators', are also on the rise. They are adding 495,000 BTC per month, a record high!

- BTC stocks on OTC desks, where large institutions shop, have fallen drastically. This year alone, their stocks have decreased by 26,000 BTC.

- The good news is that the market cap of USD-based stablecoins has broken through $200 billion, signaling an influx of fresh money into the crypto market. BTC also briefly rose above $100,000!

Is this a bullish sign? Let's discuss in the comments!