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Bitwise Analyst: Bitcoin's non-liquid supply hits a historical high, accounting for nearly 75%

Bitwise Analyst: Bitcoin's non-liquid supply hits a historical high, accounting for nearly 75%

Bitget2024/12/02 08:22

Bitwise Europe Research Director André Dragosch posted on X stating: "The illiquid supply of Bitcoin has reached a historic high, while the balance in exchanges is at its lowest in years.

Nearly 75% of the supply is considered 'illiquid', and the remaining supply in exchanges accounts for less than 14%. This means that the scarcity of Bitcoin's supply continues to intensify."

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