Data: The non-liquid supply of Bitcoin exceeds 14 million coins, accounting for nearly two-thirds of the total.

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According to Deep Tide TechFlow news on May 16, data from CryptoRank and Glassnode shows that as of May 14, 2025, the non-liquid supply of Bitcoin (Bitcoin that is held long-term and rarely circulates) has exceeded 14 million coins, accounting for nearly two-thirds of the total mined supply. The data further indicates that in just the past 30 days, 180,000 Bitcoins have been transferred into dormant wallets with almost no spending history, reinforcing the market's long-term holding trend. The chart shows that since 2019, the non-liquid supply has exhibited a significant positive correlation with Bitcoin prices.

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