According to data from Glassnode, long-term bitcoin holders who have held coins for at least 155 days now control 75% of the cryptocurrency's circulating supply, with a record 14.52 million BTC held in these wallets. This indicates that HODLing is the preferred market dynamic among mature investors. Additionally, the rate of flow into wallets controlled by illiquid entities remains strong, suggesting continued accumulation and weakening of sell-side pressures in the market. The number of coins held by these illiquid entities has surged by over 90,000 BTC this month.
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