BlockBeats News, May 13th, according to Cointelegraph, Bitcoin's hodling activity is higher than ever, Glassnode data shows that 14 million BTC are in a "illiquid supply" state, illiquid supply reaches a historical high, and Bitcoin is increasingly flowing into the hands of holders who are not selling their assets, with whales accumulating more after the price broke $100,000.
If an entity's cumulative BTC inflow-to-outflow ratio is below a specific threshold, the entity is considered illiquid. This week, the illiquid supply slightly exceeded 14 million BTC, with a 30-day net change of 180,000 BTC, the largest increase since December 2022. On-chain data also shows that Bitcoin whales have been accumulating during the recent BTC price rebound, while retail investors seem to be panicking. The key whale cohort for Bitcoin (holding 10-100k BTC) has accumulated an additional 83,105 BTC in the past 30 days.
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