🐳 Whales Swallow Bitcoin Whole! 14.3M BTC Hoarded – Is the World Running Out? 🤑

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Key takeaways:

  • Bitcoin’s illiquid supply hits a staggering 14.3 million BTC – a new record! 🎉

  • Whales are gobbling up nearly 300% of the yearly mined BTC supply – greedy much? 🦈

In the dark, smoky corners of the financial underworld, where the air is thick with the scent of greed and the clinking of digital coins, Bitcoin’s illiquid supply has reached a historic high. 🌋 Yes, comrades, the proletariat’s dream of financial freedom is being hoarded by the bourgeoisie – 14.3 million BTC, to be precise. According to the so-called “market intelligence” firm Glassnode, this treasure trove of digital gold is locked away, untouched, like a miser’s stash under his mattress. 😏

Data reveals that the number of BTC held by entities for over seven years without selling has ballooned by 422,430 coins since the dawn of 2024. By Friday, it stood at 14.3 million BTC. With Bitcoin’s circulating supply at 19.92 million, a whopping 72% of all mined BTC is now classified as illiquid. 🏦 In other words, the masses are left to trade scraps while the fat cats hoard the riches. How revolutionary! 🤡

This trend, my dear readers, is a testament to the unshakable greed-er, conviction-of long-term holders (LTHs) and whales. Fidelity, that bastion of capitalist foresight, predicts these hoarders will lock up over 6 million BTC by 2025, tightening the supply and potentially sending prices to the moon. 🚀 Or, more likely, into the hands of the already wealthy. How quaint! 🤑

Since 2016, the portion of Bitcoin held by LTHs has grown quarter-over-quarter, and publicly traded companies with at least 1,000 BTC have been on a buying spree since 2020. As Fidelity so eloquently puts it:

“We estimate that this combined group will hold over six million BTC by the end of 2025-or over 28% of the 21 million Bitcoin that will ever exist.”

CryptoMoon reports that corporate Bitcoin reserves and ETF issuers have seen their holdings rise 30% in 2025, from 2.24 million BTC to 2.88 million. 🏭 The consolidation of BTC into the hands of institutional behemoths continues unabated. How very… capitalist. 🤔

Whales Feast on Bitcoin While Exchanges Starve

Glassnode’s data reveals that Bitcoin whales and sharks are feasting on BTC at an unprecedented rate-300% of the yearly issuance! 🦈 Meanwhile, exchanges are hemorrhaging coins at a historic pace, with yearly absorption rates plunging below -150%. This shift signals a growing preference for self-custody or long-term investment, as if the little guy stands a chance against these financial leviathans. 😢

Larger holders (100-1,000+ BTC) are scooping up nearly three times the new issuance, marking the fastest accumulation rate in Bitcoin’s history. 🏆 This structural shift is fueled by traditional finance’s embrace of BTC, particularly with the rise of Bitcoin treasury companies and relentless ETF demand. The result? Less BTC on exchanges and a long-term bullish outlook for the wealthy. How… inspiring. 🙄

So, comrades, as the whales swallow Bitcoin whole and the exchanges starve, we are left to ponder: is this the revolution we were promised, or just another chapter in the age-old tale of the haves and the have-nots? 🌍✊

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2025-09-19 15:51