Bitcoin’s Long-Term Holding: Illiquid Supply Surpasses 14 Million

Data from CryptoRank and Glassnode reveals a striking trend in the Bitcoin market: as of May 14, 2025, over 14 million Bitcoin coins are held long-term with minimal trading activity. This represents almost two-thirds of the total Bitcoin supply mined to date. Furthermore, within the past month alone, approximately 180,000 Bitcoins were transferred into dormant wallets, indicating a continued preference for long-term investment. This surge in illiquid supply aligns with the historical trend of increased Bitcoin prices since 2019 as shown by charts.