Onchain Highlights
DEFINITION: Bitcoin Illiquid Supply Change is the monthly (30d) net change of supply held by illiquid entities.
Bitcoin’s illiquid supply may be at a critical juncture, indicating substantial market changes. Recent data from Glassnode reveals a renewed increase in the illiquid supply of Bitcoin since May, highlighting a strong trend toward self-custody among investors. This shift suggests a growing preference for long-term holding over active trading.
Illiquid Supply Change: (Source: Glassnode)
The illiquid supply of Bitcoin, representing coins moved out of exchanges into non-custodial wallets, has seen substantial fluctuations in 2024. These changes often correlate with broader market forces and investor sentiment. This trend reflects a deeper understanding among investors of the importance of secure storage, especially following recent market turmoil and high-profile exchange failures.
Moreover, CryptoSlate noted that Bitcoin’s illiquid supply hit a ten-year hi
We współpracy z: https://cryptoslate.com/insights/long-term-bitcoin-holding-trends-push-illiquid-supply-higher/
