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 now absorbing nearly 300% of the newly mined BTC supply.Read more 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 now absorbing nearly 300% of the newly mined BTC supply.Read more
Bitcoin illiquid supply hits record 14.3M BTC as big investors accumulate
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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 now absorbing nearly 300% of the newly mined BTC supply.
Read more
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