BTC Is Becoming Illiquid at 147K a Month in Signal Long-Term Investors Are Accumulating

Glassnode’s illiquid supply change metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC ($3.9 billion) on Monday, the most since Dec. 19. The total held by illiquid entities has jumped to a record high 15,207,843 BTC, with the tally increasing by 215,000 BTC in the past four weeks alone.

Source: https://www.coindesk.com/markets/2023/06/20/bitcoin-is-becoming-illiquid-at-147k-a-month-signals-steady-accumulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines