In 2025, Bitcoin’s illiquid supply — coins held in wallets with little to no selling history — has reached 14.37 million BTC, accounting for more than 72% of all circulating supply. This marks a 470,000 BTC increase so far this year, signalling strong long-term conviction among holders. With only 5.4 million BTC available for trading, analysts warn that tightening supply could trigger upward price pressure as demand continues to rise.

The rising illiquid supply highlights growing confidence in Bitcoin as a reliable store of value, as more holders choose to keep their coins long-term rather than trade them, tightening available supply and potentially boosting price stability and appreciation.