Bitcoin Hoarders Refuse to Spend Their Digital Gold 🚀💰

Ah, markets-where fortunes are made, lost, and then made again, usually by someone else.

What to know (or pretend to care about):

  • 14.3 million BTC are now locked away by people who treat Bitcoin like a family heirloom-never to be touched. 🏺
  • Even after Bitcoin briefly flirted with $124,000 (before remembering it has commitment issues), these “long-term holders” kept stacking coins like squirrels preparing for winter. 🐿️

According to Glassnode (who probably stare at charts more than sunlight), Bitcoin’s “illiquid supply”-coins held by people who wouldn’t spend them even if their dog demanded a diamond collar-has hit a new record. Because why sell when you can just… not?

With 19.9 million BTC in circulation, roughly 72% are now hoarded tighter than a miser’s wallet. Cold storage investors? More like frozen assets. ❄️

After Bitcoin’s mid-August high of $124,000 (followed by the classic “oops, never mind” dip of 15%), these diamond-handed fanatics still kept accumulating. Because nothing says “I believe” like ignoring red candles. 📉🙈

In just 30 days, another 20,000 BTC vanished into the vaults of the stubborn. At this rate, Bitcoin’s circulating supply will just be a rumor. 🤷‍♂️

All this suggests that when (or if) sentiment improves, Bitcoin might rocket upward-assuming anyone’s left willing to sell. Until then, enjoy watching digital scarcity unfold, one HODL at a time. 🚀

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2025-09-07 19:18