Binance: 60% Bitcoin Supply Illiquid
Binance Research shows 60% Bitcoin supply illiquid with BTC at $62589.05 as long-term holders strengthen conviction amid neutral RSI and MACD golden cross.
SourceAnalysis
Binance CEO Richard Teng highlighted a Binance Research Bitcoin illiquid supply report showing 60% of all BTC unmoved for over a year, tightening active circulation and underscoring long-term holder resolve.
Price sits at $62589.05 inside Bollinger Bands with upper resistance at $64461.55; the bearish EMA structure places EMA50 at $64795.32 as immediate overhead while EMA200 at $71913.97 caps the broader trend, yet MACD golden cross at -248.18 and neutral RSI 45.33 keep downside contained near lower band support of $60353.81. Bitcoin long-term holder supply percentage historical trends and fresh BTC price prediction models now factor this illiquid wall into reduced sell pressure scenarios.
Richard Teng
@_RichardTengRichard Teng is Binance CEO