According to Cointelegraph, Bitcoin has seen the largest 30-day illiquid supply increase in the current bull market, reaching a historic high of 14 million BTC. Whales continue to accumulate as prices rebound to six figures.
Glassnode data shows that Bitcoin's illiquid supply has reached an all-time high, indicating that more and more Bitcoin is entering the hands of entities that do not sell. Illiquid entities refer to those whose BTC inflow to outflow ratio is below a certain threshold.
This week, the illiquid supply exceeded 14 million BTC, with a 30-day rolling increase of 180,000 BTC, marking the largest increase since December 2022. Whales and shark-level holders have accumulated 83,105 BTC in the past 30 days.
