Glassnode Reports 62,000 BTC Shift From Long-Term Holder Wallets

The blockchain analytics firm notes a significant drop in Bitcoin's illiquid supply following large transfers by long-term holders.

BTC

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Terms & Concepts
  • Illiquid Supply: The portion of a cryptocurrency supply held in wallets that rarely move funds, indicating long-term holding behavior.
  • Long-Term Holder: An entity or individual that retains cryptocurrency for extended periods, typically minimizing transactions to benefit from potential long-term value appreciation.
  • BTC: Abbreviation for Bitcoin, the first and largest cryptocurrency by market capitalization.