Bitcoin’s Illiquid Supply Continues To Hit Multi-Years Highs

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The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Illiquid supply continues to hit multi-year highs, adding nearly 371,000 bitcoin since the deceleration in May. Even with the recent price drawdowns sparked from long liquidations and market sell-offs, illiquid supply continues to increase signaling that more long-term holders are adding bitcoin over the last few months.

Since May 2021, the supply of illiquid bitcoin has grown by almost 371,000 BTC.

Bitcoin’s illiquid supply reaches an all-time high.

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