$BTC “Bitcoin: Whales Scoop Up 83,000 BTC in One Month as Supply Dries Up”:
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Key Points:
1. Bitcoin Scarcity Deepens:
A record 14 million BTC is now considered illiquid (not being traded).
180,000 BTC became illiquid in the last month — highest since 2022.
2. Whales Are Accumulating:
Wallets holding 10 to 10,000 BTC bought 83,105 BTC in 30 days.
Meanwhile, small holders are selling due to fear and lack of confidence.
3. Miners & ETFs Add to Illiquidity:
Miners are holding instead of selling.
ETFs (like BlackRock’s) are buying and locking up BTC, removing it from circulation.
4. Market Impact:
This trend could lead to a supply shock — fewer coins available means higher price pressure.
However, some analysts worry about centralization as whales and institutions dominate holdings.
5. Long-Term Shift:
Bitcoin is seen more like digital gold or a strategic reserve.
Over 30.5% of all BTC hasn't moved in 5+ years, indicating strong HODLing behavior.