Bitcoin’s Illikvide Supply – the part of coins contained by units with a little consumption history – has climbed up to a new record high and surpassed 14.3 million BTC in late August, according to Glassnode.
With 19.9 million BTC, currently in circulation, about 72% of total supply is now illiquid, which is contained by units such as long -term owners and investors in cold storage. This growth highlights a sustained accumulation trend, even during recent market volatility.
In mid -August, Bitcoin hit a highlight of $ 124,000 before retiring approx. 15%. Despite the price-backing, the illiquid supply continued to rise, which shows that holders remain unused by short-lived corrections.
Over the past 30 days alone, the net change in Illikvide Supply has increased by 20,000 BTC, which emphasizes sustained investor overrun.
The ongoing increase in this category suggests that tight the supply dynamics that could set the stage for renewed momentum when the feeling recoveres. Currently, the trend reflects growing confidence in Bitcoin as a long -term value.
