BTC's illiquid supply reaches 74% of the total circulating supply, hitting a new all-time high.

BlockBeatNews

2024-09-04 11:21:51

BTC4,57%

ETC2,07%

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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments