Bitwise analyst: Bitcoin illiquid supply hits record high, accounting for nearly 75%

André Dragosch, head of European research at Bitwise, said in a post: "The illiquid supply of bitcoin has reached an all-time high, while exchange balances have reached a multi-year low.
Nearly 75% of the supply is considered illiquid, with less than 14% remaining on exchanges. This means that supply scarcity in Bitcoin continues to increase. "