$BTC The illiquid supply of Bitcoin has reached a new record level of 14 million BTC, indicating increased activity from large entities, while whales continue to accumulate the digital currency despite high prices exceeding $100,000.

Data from the on-chain analysis platform Glassnode showed that the illiquid supply of Bitcoin experienced the largest increase in the past 30 days since the beginning of the current bull market, rising by 180,000 BTC, marking the largest growth since December 2022. The figures indicate that 14 million BTC is now under the control of entities that are not inclined to sell their holdings, reflecting growing caution among major investors.