Bitcoin Illiquid Supply Climbs to Over 14M BTC, Reflects Strong HODL Trend

Bitcoin’s BTC illiquid supply has surged to 14.37 million BTC, jumping from 13.9 million BTC at the start of 2025, according to Glassnode data.
With bitcoin’s current circulating supply standing at approximately 19.8 million, this means over 72 percent of all mined BTC is now classified as illiquid.
Illiquid supply refers to the portion of BTC held by entities with minimal spending behavior, such as long-term investors and cold wallet holders. These coins are effectively taken out of the market, reducing the amount available for trading.
As more investors opt to store bitcoin rather than trade it, the liquid portion of the supply shrinks, tightening market availability.
This trend is significant because a growing illiquid supply often reflects increasing investor confidence and long-term conviction. It also creates the potential for a supply-side shock, where rising demand meets limited available supply, historically associated with bullish price movements.
The continued rise in bitcoin illiquidity supports the narrative of bitcoin as a store of value. If this trajectory holds, it could place upward pressure on price, particularly in the context of heightened market interest and diminishing miner issuance.
This underscores liquidity analysis as a key indicator for market sentiment and future price action.

The surge in Bitcoin's illiquid supply above 14 million BTC embodies the resilient HODL (Hold On for Dear Life) strategy among investors, a testament to their faith and commitment towards cryptocurrency long-term growth potential.

The surge in Bitcoin's illiquid supply surpassing 14 million BTC embodies a remarkable trend of strong holding among investors, underscored by their commitment to long-term value propulsion.

The surge in the illiquid Bitcoin supply above 14 million BTC mirrors a resilient trend of cryptocurrency hodlers' refusal to sell their assets, highlighting growing investor confidence and market stability amidst volatile times.

The trend towards a significant increase in Bitcoin's illiquid supply, surpassing 14 million BTC now , clearly underscores the strength of investor HODL - signaling long-term defiance and confidence amidst marketing volatility.

The surge in illiquid Bitcoin supply above the 14 million BTC mark, indicative of a robust influx into long-term HODLing strategies by investors. This reinforces their confidence and commitment to locking away coins for significant future gains.

The surge in the illiquid supply of Bitcoin to over 14 million BTC highlights a persistent trend towards HODLing—a sign that investors are becoming increasingly focused on long-term holding, leveraging network effects and potential future gains.

The upward trend in Bitcoin's illiquid supply highlights a substantial commitment from HODLers, signaling the growth of long-term holders amid market volatility.

The surge in Bitcoin's illiquid supply above 14 million BTC reflects a resilient trend of long-term holding, embodying investors’ confidence and patience amid market volatility.