According to @glassnode, 71% of the total bitcoin supply is now categorized as 'illiquid,' meaning these coins are held in wallets with little or no history of spending. This signals a strong holding sentiment among investors, which can reduce available supply on exchanges and potentially increase price volatility during demand spikes. Traders should monitor on-chain metrics closely, as illiquidity can amplify both upward and downward movements in bitcoin's price, impacting short-term trading decisions and long-term portfolio strategies (source: @glassnode via @Andre_Dragosch, June 4, 2025).