According to @AltcoinGordon, the volume of 'illiquid' Bitcoin, referring to BTC that is rarely moved or sold, has reached an all-time high of over 14 million coins (source: Twitter, May 16, 2025). This record level of illiquid supply is widely viewed as a historically bullish indicator for Bitcoin’s long-term price appreciation. For traders, this suggests growing investor conviction and reduced available supply, which could lead to increased price momentum during bullish market phases. Monitoring this metric can provide valuable insights for both spot and derivatives traders looking to anticipate significant moves in the cryptocurrency market.