Bitcoin illiquid supply hits record 14.3M BTC as big investors accumulate

Over 72 percent of circulating BTC is now illiquid, suggesting reduced sell-side pressure and a continued downtrend of Bitcoin supply on cryptocurrency exchanges.

Key takeaways:

Bitcoin’s Illiquid supply now stands at 14.3 million BTC, a new record.

Whales are absorbing nearly 300% of the yearly mined BTC supply.

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