Bitcoin's Illiquid Supply Reaches Record 14.3 Million BTC in August

According to market data, Bitcoin’s illiquid supply climbed to 14.3 million BTC—72% of circulating supply—even as the asset dropped 15% from its $124,000 mid-August peak.

BTC

Summary

Bitcoin’s illiquid supply has reached a historic high of 14.3 million BTC, accounting for 72% of the total circulating supply. Despite a 15% decline in price after reaching $124,000 in mid-August, the trend of accumulation by long-term holders and cold storage investors continues, underscoring resilience in holding behavior amid market volatility.

Terms & Concepts
  • Illiquid Supply: The portion of Bitcoin that is held by long-term investors or entities that are unlikely to sell in the short term, typically due to holding for investment purposes.