Glassnode: Bitcoin illiquid supply rises to an all-time high, breaking 14.3 million at the end of August

PANews September 7th news, according to CoinDesk, Glassnode data showed that Bitcoin non-liquid supply (liquid supply, the amount of Bitcoin held by entities with almost no history of spending) hit a record high, exceeding 14.3 million BTC in late August. In the past 30 days, the net increase in non-current supply has reached 20,000 BTC. Of the 19.9 million BTC currently circulating, about 72% of the total supply is in a non-current state and is held by long-term holders and cold storage investors and other entities. This growth highlights the continued cumulative trend even during recent market volatility. In mid-August, Bitcoin hit an all-time high of $124,000 and then fell by about 15%. Despite the price correction, non-liquid supply continued to rise, indicating that holders have not sold due to short-term adjustments.