Odaily Planet Daily News: According to CryptoQuant's data, the demand for Bitcoin hoarding addresses increased sharply in December. As of December 23, these investors net increased their holdings of 225280 BTC, a monthly growth of 82.6%. On the other hand, total seller liquidity (the number of bitcoins available for sale on exchanges and ETFs) decreased by approximately 590000 BTC during the same period. It is worth noting that the decrease in selling pressure is related to the sharp contraction between December 22nd and 23rd, when the number of available bitcoins for sale decreased by 520000 BTC. According to the report, the supply of over-the-counter (OTC) counters handling large trades has decreased from over 421000 BTC to 403000 BTC, indicating that investor demand will continue to absorb selling pressure. In addition, the liquidity inventory ratio (measuring the speed at which current supply meets investor demand) decreased from 12 months to 5.5 months in December. CryptoQuant data also shows that as of December 23rd, Bitcoin whale addresses holding over 1000 BTC have sold nearly 8600 BTC this month. However, new investors are absorbing this supply, with short-term holders increasing by 3% in the past week and hoarding 641789 BTC over the past year, bringing their total holdings to 3.81 million BTC, only 70000 BTC lower than the historical high set on December 15th.