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The illiquid supply of Bitcoin has exceeded 14 million, indicating a long-term holding trend. According to TechFlow, data from CryptoRank and Glassnode reveals that as of May 14, 2025, the illiquid supply of Bitcoin, which refers to Bitcoin held for the long term with minimal trading, has surpassed 14 million coins. This represents nearly two-thirds of the total supply of the asset. The data also indicates that in the past thirty days alone, 180,000 Bitcoin have been transferred to dormant wallets with limited spending history, reinforcing the long-term holding trend in the market. The charts show a clear positive relationship between illiquid supply and Bitcoin prices since 2019.