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Let's analyze the chart below (Bitcoin: illiquid Supply)

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Let's analyze the chart below (Bitcoin: illiquid Supply)

The illiquid supply of Bitcoin is, in simpler words, bought coins by wallets from which there was no single further transaction outcome. This means that people purchase and withdraw coins to cold wallets.

So, due to the chart below, we can see that the illiquid supply continues to grow despite the Bitcoin drop! We believe that this is a positive metric.

Your thoughts?

https://preview.redd.it/ah1yh05mjjd81.png?1600&format=png&auto=webp&s=ae013addc02f0b2442822aa29744f12ae0f927ec

submitted by /u/Defy-Trends
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