3/4 of the Bitcoin supply is now illiquid by Cointelegraph


© Reuters

(BTC) markets have consolidated since the beginning of the year, but on-chain metrics paint a more positive picture as more of the asset becomes illiquid.

On-chain analytics provider Glassnode has dived into Bitcoin supply metrics to get a better overview of the long-term macro trends in its weekly report on Monday.

BTC liquid and illiquid supply as a percentage of the total amount. Source: Glassnode

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