CryptyQuant reports that the Bitcoin Whale is increasing its holdings of Bitcoin at a rate of 6.3% per month, the fastest rate since April 2023, indicating rising demand for Bitcoin. CryptoQuant reports that it may take longer for the Bitcoin price to bottom and start a new round of rally, as the liquidity growth of stablecoins is still not in full swing. Stablecoin liquidity is a necessary condition for price increases.