Bitcoin illiquid supply exceeds 14.3 million, reaching a new all-time high

According to Jinse Finance, citing Coindesk, in late August, the illiquid supply of Bitcoin (the amount of Bitcoin held by entities with little to no spending history) exceeded 14.3 million BTC, reaching a historical high. Over the past 30 days, the net increase in illiquid supply reached 20,000 BTC. Of the current circulating 19.9 million BTC, approximately 72% of the total supply is in an illiquid state, held by long-term holders and cold storage investors. This growth highlights a continued accumulation trend even during recent market volatility. In mid-August, Bitcoin reached a historical high of $124,000 before retreating by about 15%. Despite the price correction, the illiquid supply continued to rise, indicating that holders did not sell off due to short-term adjustments.