Illiquid Bitcoin Supply Falls as 62,000 BTC Leave Long-Term Wallets and Whales Buy the Dip
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Bitcoin’s market structure is showing signs of strain as long-term holders begin moving their coins, leading to a decline in illiquid supply. New data from Glassnode reveal that around 62,000 BTC—worth nearly $7 billion—have left long-term, inactive wallets since mid-October, marking the first major drawdown in the second half of 2025.
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