Bitcoin's Illiquid Supply Reaches Record High of 15 Million Coins
2023/04/06 04:26
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$85,517.25
+4.85%
Ethereum
ETH
$2,736.36
+2.60%
Tether USDt
USDT
$0.9998
+0.00%
BNB
BNB
$786.13
+1.70%
XRP
XRP
$1.52
+5.98%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$117.09
+4.64%
TRON
TRX
$0.3488
+1.60%
Zcash
ZEC
$1,499.06
-1.17%
Hyperliquid
HYPE
$94.36
+0.47%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now