The Bitcoin Illiquid Supply has recently reached a new all-time high, as per on-chain data. Analyst James Van Straten discussed this trend, which categorizes entities into Illiquid, Liquid, and Highly Liquid based on their liquidity ratio. The Illiquid Supply represents BTC that is unlikely to move soon, held by investors with low selling history. On the other hand, the Highly Liquid Supply consists of tokens constantly in circulation. The Liquid Supply falls in between, with varying trading activity. The transition between these categories is smooth, without abrupt changes. Van Straten's chart shows a rise in the Bitcoin Illiquid Supply since the beginning of the year, now at an ATH of 14.7 million. This trend indicates a decrease in available trading supply, favoring HODLing sentiment. Bitcoin is currently trading at $64,900, up by over 3% in the past week. Read more AI-generated news on: https://app.chaingpt.org/news

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