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Fast Take
Bitcoin’s illiquid provide has hit an all-time excessive of 15.17 million because the dominant conduct continues of hodling.
‘Illiquid provide’ refers back to the quantity of Bitcoin held by entities and isn’t available for buying and selling or promoting.
Presently, 72% of the circulating provide is illiquid, however what’s fascinating is the speed of change.
Solely the Luna crash and FTX collapse noticed extra cash turn into illiquid at such a tempo.
Up to now 30 days, 131,000 Bitcoin have gone “illiquid”; that is the quickest fee of 2023.
The put up Bitcoin illiquid provide hits all-time excessive, fee of change is exceptional appeared first on CryptoSlate.
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