The number of illiquid Bitcoin coins is growing steadily

According to specialists from Glassnode, the “supply of illiquid bitcoins” continues to grow at a rate of 119 thousand BTC per month.

This suggests that coins continue to be concentrated in illiquid wallets “with a rare spending history.” Analysts believe this means only one thing - HODLing remains a primary market dynamic.

Traders and investors prefer to store their bitcoins in wallets.