Stock Groups

Bitcoin’s illiquid supply climbs to a new peak as traders withdraw BTC from exchanges By BTC Peers

by Mike Robinson

[ad_1]

© Reuters. Bitcoin's illiquid supply climbs to a new peak as traders withdraw BTC from exchanges

Crypto analytics company Glassnode has shared some data suggesting that Bitcoin’s illiquid has hit a new all-time high as investors continue to move their BTC holdings into cold storage.

One prominent Bitcoin-related Twitter account (@BTC_Archive), shared an @Glassnode chart that revealed the alarming rise in illiquidity. However, there is a growing shortage of liquid BTC supplies.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]