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
MoreBitcoin
BTC
$62,771.8
-0.25%
Ethereum
ETH
$1,845.53
-0.87%
Tether USDt
USDT
$0.9991
+0.01%
USDC
USDC
$0.9998
-0.01%
XRP
XRP
$1.06
-0.08%
Solana
SOL
$71.95
-1.22%
TRON
TRX
$0.3275
+0.43%
Hyperliquid
HYPE
$52.13
-0.76%
Dogecoin
DOGE
$0.06902
-0.81%
Zcash
ZEC
$461.61
+1.20%
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