Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation: Glassnode

Jun 20, 2023

According to Glassnode's illiquid supply change metric, investors remain confident of bitcoin's price prospects, despite continued macroeconomic uncertainty and heightened regulatory risks. The metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC on Monday, the most since December 19, 2022. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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