With nobody really willing to sell, investors are jostling to buy the few physically available Bitcoin and holding for the long-term. Although the research still pegs the percentage of illiquid Bitcoin at around 78% (either lost or being “hodled”), the amount of Bitcoin left to be shared amongst new entrants and existing customers is less than $4 million BTC. To this effect Glassnode made a case for Bitcoin Bulls noting:
Source: Cryptocurrency - investing.com
