Since September, monthly demand for Bitcoin has surged to 228,000 BTC, showcasing robust market confidence. Accumulator addresses, indicative of long-term holders, are accumulating at an impressive rate of 495,000 BTC monthly, further tightening supply.

Currently, Bitcoin prices have peaked at 108,000 USD, demonstrating strong bullish sentiment. Concurrently, the overall stablecoin market capitalization reached 200 billion USD, highlighting significant liquidity inflows in the crypto sector.

Total sell-side Bitcoin supply has drastically fallen to 3,397 million BTC, the lowest since 2020. The liquidity inventory ratio has also decreased from 41 months to just 6.6 months, revealing critical tightening in the market.