Version 1 – Straight News Style
7 September 2025
Bitcoin’s illiquid supply has reached a record high, even after the cryptocurrency pulled back 15% from its August peak.
Glassnode data shows that more than 14.3 million BTC are now held by entities with little spending history. With 19.9 million BTC in circulation, this means nearly 72% of the total supply is locked in by long-term holders and cold storage wallets.
Despite Bitcoin retreating from its mid-August all-time high of $124,000, illiquid supply rose by 20,000 BTC over the past month, underscoring continued accumulation and strong investor conviction.
Version 2 – Analytical Tone
7 September 2025
The share of Bitcoin supply held by long-term, inactive wallets continues to grow, highlighting strong accumulation trends despite recent price weakness.
Glassnode reports that illiquid holdings surpassed 14.3 million BTC in late August, representing about 72% of circulating supply. The increase persisted even as Bitcoin slipped 15% from its record high of $124,000 reached in mid-August.
Over the last 30 days alone, net illiquid supply expanded by 20,000 BTC. Analysts suggest this tightening liquidity could provide the foundation for renewed bullish momentum once market sentiment improves.
Version 3 – Investor-Focused Style
7 September 2025
Bitcoin holders appear undeterred by recent volatility, with illiquid supply reaching new highs in late August.
Data from Glassnode shows 14.3 million BTC are now classified as illiquid, meaning they are in the hands of investors with little history of selling. This accounts for roughly 72% of the 19.9 million BTC in circulation.
The trend comes despite Bitcoin falling about 15% from its $124,000 peak in mid-August. In the past month, illiquid balances grew by 20,000 BTC, signaling confidence in Bitcoin’s long-term value and tightening available supply on exchanges.
