Bitcoin illiquid supply hits 14M BTC as hodlers set bull market record

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Coin Telegraph 20h ago

Bitcoin illiquid supply hits 14M BTC as hodlers set bull market record - Coin Telegraph

Quick Summary:

Bitcoin (BTC) investors are turning the BTC supply more illiquid than at any point in its historyData from onchain analytics platform Glassnode shows that Bitcoin’s “illiquid supply” has reached a record 14 million BTC.

Only retail investors appear to be panicking.“Bitcoin’s key whale & shark tier (holding 10-10K BTC) have now accumulated 83,105 more BTC in the past 30 days,” research firm Santiment reported in an X post this week. “Meanwhile, the smallest retail holders (holding Bitcoin whale and shark accumulation data.

Glassnode, which charts the portion of the BTC supply owned by so-called “illiquid entities,” reveals that this has reached levels not seen during the current bull market.