Bitcoin's 'Illiquid' Supply Soars to New All-Time High Near 15M Tokens

By Yahoo! Finance | Dec 2, 2024 at 08:05 PM EST

A $100,000 sell wall is posing a challenge for Bitcoin, with $384 million in sell orders. However, data shows a rise in illiquid supply, indicating holders are not selling, potentially leading to an upward trend. Long-term holders are accumulating BTC, reducing sell pressure.

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