Bitcoin Illiquid Supply Hits Record 14.3M as Long-Term Holders Continue to Accumulate
Bitcoin Illiquid Supply Hits Record 14.3M as Long-Term Holders Continue to Accumulate
Despite a 15% decline from August’s all-time high, illiquid holdings continue to grow.
What to know:
- Illiquid supply surpasses 14.3 million BTC, with a 20,000 BTC increase in 30 days.
- Long term holders kept accumulating even after Bitcoin’s $124,000 peak in mid August
Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode.
With 19.9 million BTC currently in circulation, around 72% of the total supply is now illiquid, held by entities such as long-term holders and cold storage investors. This growth highlights a sustained accumulation trend, even during recent market volatility.
In mid-August, bitcoin hit an all-time high of $124,000 before retreating roughly 15%. Despite the price pullback, the illiquid supply continued to rise, showing that holders remain undeterred by short-term corrections.
Over the past 30 days alone, the net change in illiquid supply has increased by 20,000 BTC, underscoring persistent investor conviction.
The ongoing increase in this category suggests tightening supply dynamics that could set the stage for renewed momentum once sentiment recovers. For now, the trend reflects growing confidence in bitcoin as a long-term store of value.
More For You
Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading
Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures, according to Dune analytics data.
What to know:
- Kalshi captured 62% of total volume in the on-chain prediction market sector from September 11 to 17, according to Dune.
- Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures.
- Polymarket acquired regulated derivatives exchange QCX to re-enter the U.S. market and launched earnings-based markets with Stocktwits.
Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading
Internet Computer Bets Big on AI as Crypto Markets Play Catch-Up
Solana’s Yakovenko Says Bitcoin Must Upgrade to Survive Quantum Threat by 2030
Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade
BitGo Files for IPO With $4.2B in H1 2025 Revenue, $90B in Crypto on Platform
Michael Saylor: Bitcoin Is Building a Base as ‘OG’ Hodlers Exit and Big Money Preps
BitGo Files for IPO With $4.2B in H1 2025 Revenue, $90B in Crypto on Platform
Michael Saylor: Bitcoin Is Building a Base as ‘OG’ Hodlers Exit and Big Money Preps
Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade
Bankrupt Exchange FTX Set to Repay $1.6B to Creditors Starting on Sep. 30
Crypto Gives Away Week’s Gains in Friday Decline
Crypto ETF ‘Floodgates’ Open With SEC Listing Standards, But Price Impact May Be Uneven
!–>!–>!–>
Read More
Be the first to write a comment.
