Illiquid Bitcoin is at all all time high

in #bitcoin5 days ago

The supply shock is real

The amount of bitcoin locked up in cold storage and off exchanges is higher now than ever before.

Sure, there is also more bitcoin now than ever before, but the last all time high was back when bitcoin hit $65k, and there isn't that much more bitcoin available since then.

Check it out:

image.png

(Source: https://twitter.com/BTC_Archive/status/1437769281119391747/photo/1)

Now we just need a catalyst and bitcoin will fly again.