Ethereum is preparing for something big — is this what you should be looking forward to?

According to Glassnode data, the non-liquid supply of Bitcoin (the portion of Bitcoin held by entities with little consumption history) has risen to an all-time high, exceeding 14.3 million BTC by the end of August.

The current circulating supply of Bitcoin is 19.9 million coins, accounting for about 72% of the total supply, with most being in a non-liquid state due to long-term holding or storage in cold wallets. This growth indicates that even during recent market fluctuations, Bitcoin continues to be favored by investors.

In mid-August, the price of Bitcoin briefly reached a historic high of $124,000, before retreating about 15%. Despite the price correction, the non-liquid supply continues to rise, reflecting that holders have not been swayed by short-term volatility.

In just the past 30 days, the net change in non-liquid supply has increased by 20,000 BTC, further highlighting investors' confidence in Bitcoin as a long-term store of value.

This trend suggests that market supply dynamics are tightening, which could lay the groundwork for a new round of price increases once market sentiment improves. Overall, this phenomenon reflects investors' optimistic outlook on Bitcoin's future and recognition of its scarcity. #币圈合约 #以太坊合约 #比特币合约