Bitcoin Illiquid Supply Reaches Record Highs on Binance
Bitcoin’s illiquid supply on Binance has reached record levels, indicating a liquidity scarcity that may drive prices towards $150,000 by the end of 2025.
Key Points
- Illiquid supply of Bitcoin has increased while liquid supply has decreased.
- Recent all-time high for Bitcoin was above $120,000 before a correction.
- High illiquid supply means more BTC is locked in wallets, reducing trading availability.
- Limited supply increases buying pressure, supporting upward price movement despite low external liquidity inflows.
- Risks include potential sharp corrections from sell-offs by large holders due to low liquid supply.
- Current on-chain data shows whales and institutions are adopting a long-term holding strategy.
- Market is characterized as a "fragile bull run," supported by long-term holders but vulnerable to whale selling.
- If illiquid supply continues to rise, BTC could exceed $150,000; increasing liquid supply from sell-offs may drop prices to $90,000-$100,000.
- BTC currently trades at $109,286, down 3% in the last 24 hours.
