Bitcoin's illiquid supply has surged to 14.4 million BTC, representing 72% of the total supply, as long-term holders continue to hold their positions despite recent market volatility. According to Glassnode data, the illiquid supply has been steadily increasing throughout 2024 and 2025, with a notable rise in mid-2025 following a price correction from $124,000 to $107,304.89. Bitcoin has since recovered to $117,526.84, with its dominance in the market rebounding to 59%.
The price recovery was bolstered by short liquidations above $114,000, which amplified the upward momentum. Additionally, exchange balances have decreased significantly, from 2.83 million BTC in October 2023 to 2.12 million BTC in September 2025, indicating a trend of accumulation. Institutional and central bank interest in Bitcoin is on the rise, with Deutsche Bank forecasting that central banks may begin adding Bitcoin to their reserves by 2030.
Bitcoin Illiquid Supply Hits 72% as Price Rebounds from Correction
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