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Bitcoin Whales Are Not Selling Their Cryptocurrency Assets

Mon, 22 Mar 2021, 07:43 am UTC

Bitcoin, the world’s largest cryptocurrency asset by market cap, is facing a serious liquidity crisis as BTC whales are not moving their digital assets. During the last 6 months, only 36% of Bitcoin’s supply has moved.

According to the latest data published by crypto analytics firm Glassnode, around 50% of the supply of BTC moved during previous tops but during the current bull run Bitcoin’s liquid supply is plunging to the lowest level in years.

Coinness

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Great article. Requesting a follow-up. Excellent analysis.

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Comment tips

Great article. Requesting a follow-up. Excellent analysis.
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