$BTC Bitcoin's non-liquid supply hits an all-time high, whales continue to accumulate

According to Cointelegraph, Bitcoin has seen the largest 30-day increase in non-liquid supply during the current bull market, reaching a historic high of 14 million BTC. Whales continue to accumulate as the price rebounds to six figures.

Glassnode data shows that the non-liquid supply of Bitcoin has reached an all-time high, indicating that more and more Bitcoin is entering the hands of entities that do not intend to sell. Non-liquid entities refer to those whose BTC inflow-to-outflow ratio is below a certain value.

This week, the non-liquid supply exceeded 14 million BTC, with a 30-day rolling increase of 180,000 BTC, the largest increase since December 2022. Whale and shark-level holders have accumulated 83,105 BTC in the past 30 days.