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TechFlow news, December 2: André Dragosch, Bitwise's Head of European Research, stated on social media that Bitcoin's illiquid supply has reached a record high, while Bitcoin balances on exchanges have hit multi-year lows. Nearly 75% of the supply is now considered "illiquid," with less than 14% remaining on exchanges. Bitcoin's supply scarcity continues to intensify.
André Dragosch, Bitwise's Head of European Research, posted on social media that Bitcoin's illiquid supply has reached a record high, while Bitcoin balances on exchanges have hit multi-year lows. Nearly 75% of the supply is now considered "illiquid," with less than 14% still held on exchanges. Bitcoin's supply scarcity continues to intensify.
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