Bitcoin's illiquid supply climbs to a new peak as traders withdraw BTC from exchanges

Published 11/03/2021, 08:46 PM
© Reuters.  Bitcoin's illiquid supply climbs to a new peak as traders withdraw BTC from exchanges
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Crypto analytics company Glassnode has shared some data suggesting that Bitcoin’s illiquid has hit a new all-time high as investors continue to move their BTC holdings into cold storage.

A prominent Bitcoin-related Twitter (NYSE:TWTR) account (@BTC_Archive) shared a chart published by Glassnode, revealing that the illiquid Bitcoin supply, which has been rising at an alarming rate, has hit an all-time high. On the flip side, the lack of a liquid BTC supply is getting tighter with each passing day.

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