Bitcoin Hodling Surges as Illiquid Supply Hits Historic 14 Million BTC, Whales Accumulate Amid Price Rally

COINOTAG News reported on May 13th, highlighting that Bitcoin’s **hodling** activity has reached unprecedented levels. According to data from Glassnode, the **illiquid supply** of Bitcoin has surpassed 14 million BTC, marking a historical peak. This surge indicates that more Bitcoin is being held by investors unwilling to sell, notably as **whales** increase their holdings following the recent crossing of the $100,000 price threshold. Entities with a cumulative BTC inflow-to-outflow ratio below a certain level are classified as **illiquid**, and this week recorded a notable net gain of 180,000 BTC, the largest since December 2022. Furthermore, on-chain analytics reveal that while larger investors continue to accumulate Bitcoin amidst a price rebound, retail investors are exhibiting signs of anxiety. Specifically, the cohort known as Bitcoin whales, holding between 10,000 to 100,000 BTC, have added approximately 83,105 BTC to their reserves in the last month.