Bitcoin's Illiquid Supply Reaches Record High of 15 Million Coins
According to data from Glassnode, the illiquid supply of Bitcoin has reached a historic high of 15.056 million coins, which represents around 78% of the total circulating supply.
These Bitcoins are mostly held in cold storage wallets or non-custodial wallets and are not in circulation. Analysts believe that with the recen t price surge of Bitcoin, the illiquid supply may continue to increase, which could potentially accelerate the price rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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