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Bitcoin’s illiquid supply hits 10-year high, signaling strong investor conviction Bitcoin’s illiquid supply hits 10-year high, signaling strong investor conviction Andjela Radmilac · 5 months ago · 2 min read
α ▸ ▸ Analysis

Bitcoin’s illiquid supply hits 10-year high, signaling strong investor conviction

with insights from Glassnode

The increase in Bitcoin's illiquid supply correlates with an upward trend in market valuation.

Andjela Radmilac
Dec. 5, 2023 at 6:50 pm UTC
2 min read
Updated: Dec. 5, 2023 at 6:39 pm UTC
Bitcoin’s illiquid supply hits 10-year high, signaling strong investor conviction

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The Illiquid Supply Shock Ratio is a pivotal metric in Bitcoin's market, reflecting the investor mindset. Explore CryptoSlate Alpha for the implications of these numbers on market dynamics ...

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Bitcoin BTC (24h)
$56,905.20 -6.22%
Vol: $44.94B MCap: $1.12T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

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