BlockBeats News, on September 4th, according to data tracked by ETC Group and Glassnode, non-Liquidity entities currently hold 14.61 million BTC, equivalent to 74% of the total circulating supply of BTC (19.75 million). André Dragosch, Director of Research at ETC Group, said that this data represents a historic high in the non-Liquidity supply of BTC, indicating that the supply shock caused by the Halving is actually intensifying. This will bring greater momentum to BTC and other encryption assets in the coming months.
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BTC's illiquid supply reaches 74% of the total circulating supply, hitting a new all-time high.
BlockBeats News, on September 4th, according to data tracked by ETC Group and Glassnode, non-Liquidity entities currently hold 14.61 million BTC, equivalent to 74% of the total circulating supply of BTC (19.75 million). André Dragosch, Director of Research at ETC Group, said that this data represents a historic high in the non-Liquidity supply of BTC, indicating that the supply shock caused by the Halving is actually intensifying. This will bring greater momentum to BTC and other encryption assets in the coming months.