14 Million Bitcoin Moves Into Cold Storage as Holders Opt for Long-Term Holding

Analytics firm Glassnode reported that over 14 million Bitcoin are currently inactive, leaving approximately 7 million BTC available for trading. This trend indicates a preference among holders for long-term storage.

Illiquid Bitcoin Supply Increases

Illiquid Bitcoin supply rose from under 14 million in December 2024 to about 14.30 million now.
Demand for cold storage and self-custody solutions is at an all-time high.
Investors are transferring coins from exchanges to private wallets.

Bitcoin’s illiquid supply just crossed 14 million $BTC

More holders are pulling coins off exchanges, favoring cold storage.

The message is clear: conviction is growing.

— Erica Hazel (@Erica__Hazel) June 26, 2025

Corporate Purchases Increase

In the past week, five companies announced significant Bitcoin acquisitions.
ProCap BTC purchased 4,930 BTC for $515 million.
Michael Saylor’s Strategy added 245 BTC following a $1 billion purchase.
Other notable purchases included 197 BTC by Smarter Web and 275 BTC by Méliuz S.A.
Metaplanet acquired 1,234 BTC for around $132 million.

Tightening Supply

Only one-third of Bitcoin's total supply remains liquid.
Thinner listings on over-the-counter desks and exchanges may lead to higher prices as institutions face sourcing difficulties.
On-chain metrics indicate real demand, despite some coins potentially being lost forever.

Price Predictions

At the Bitcoin Conference 2025, Eric Trump forecasted BTC could reach $170K by end of 2026.
Doubling of firms holding Bitcoin in the past year noted.
A potential supply-demand imbalance may drive prices higher, but market volatility remains a concern.
Currently, 14.35 million Bitcoin remain idle, which could set the stage for future rallies.