Bitcoin Illiquid Supply Shrinks by 62,000 BTC
Bitcoin has been showing weakness in the past few weeks as long-term holders are bringing their coins back to the market, raising concerns about the sustainability of the recent uptrend. Data from Glassnode shows that around 62,000 BTC, worth $7 billion, has been transferred out of long-term holder wallets since mid-October. Bitcoin illiquid supply drops…
