🚀 Is a bullish explosion coming? 🧊📈💥
🤯📊Did you know we are living through one of the most hodler moments in Bitcoin history? 📊 According to data from Glassnode, the illiquid supply of BTC has reached a record high of 14 million coins. What does that mean? That there are increasingly more BTC in the hands of people (or entities) who have no intention of selling! 🫳❌💸
🪙⬆️📆 In the last 30 days, the illiquid supply increased by 180,000 BTC – the largest jump of this bullish cycle. Not even in 2022, when the market was down, did we see something like this!
🐳 And what's happening with the whales? 🐋 They are in TOTAL ACCUMULATION mode. According to Santiment, wallets holding between 10 and 10,000 BTC have acquired 83,105 BTC in just one month. These sharks are not playing around! 🦈🎯🤑
Meanwhile, retail investors… panic! 😱🧍♂️📉 But the big leagues —including institutions, corporate treasuries, and spot ETFs— are doing the opposite: buying like there’s no tomorrow. 🏦💼📥
Remember: an 'illiquid' entity is one that accumulates BTC but hardly spends it. This is measured through a BTC inflow/outflow index. And yes, that index is saying that many of these BTC are going to strong hands that think long-term. 🧠💎✋
This level of accumulation suggests that the supply available for trading is evaporating. And you know what happens when supply goes down… and demand goes up… BOOM! 💣📈💸
✍️ In summary:
➡️ 14M BTC off the market = increasing bullish pressure 📦⛓️
➡️ Whales continue to accumulate fearlessly 🐳🧊
➡️ Institutions are betting big on the long term 🏦⚡
Are you ready for what's coming? Because the charts are starting to scream 'Rally!' 🗣️📊🚀
📌 Sources: Glassnode, Cointelegraph, Santiment
🤔 Do you think this accumulation will take us straight to a new ATH? Are you already in HODL mode or still waiting for a dip?
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