Bitcoin recently broke the $28,000 resistance, but the market's been relatively flat for the past month. This lack of volatility has led to a steady accumulation trend among hodlers. Historical data reveals two similar accumulation phases, each lasting approximately two years and seven months...
Bitcoin’s illiquid supply hits all-time high as hodlers continue to accumulate Bitcoin’s illiquid supply hits all-time high as hodlers continue to accumulate
Continuous hodler accumulation has pushed Bitcoin's illiquid supply to its all-time high, now accounting for 78% of the circulating supply.
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Updated: Jun. 21, 2023 at 1:26 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.