Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?
PositiveCryptocurrency

The recent surge in illiquid Bitcoin supply, now at 72% of the total, signals a bullish trend for the cryptocurrency market. This increase, driven by long-term holders who are not selling their assets, suggests a growing confidence in Bitcoin's value. As more investors choose to hold rather than trade, it could lead to reduced market volatility and potentially higher prices in the future. This trend is significant as it reflects the changing dynamics of Bitcoin ownership and its implications for the overall market.
— Curated by the World Pulse Now AI Editorial System