> ## Content Index > Fetch the complete content index at: https://btcpeers.com/llms.txt > Use this file to discover other available public pages before exploring further. # Bitcoin's illiquid supply climbs to a new peak as traders withdraw BTC from exchanges - URL: https://btcpeers.com/bitcoins-illiquid-supply-climbs-to-a-new-peak-as-traders-withdraw-btc-from-exchanges-2/ - Published: 2021-11-03T21:46:25.000Z - Updated: 2023-09-24T15:37:59.000Z - Author: John Williams - Tags: News, #saudu, #Import 2025-12-27 14:07 [Crypto](https://btcpeers.com/what-is-the-best-cryptocurrency-to-invest-in/) analytics company Glassnode has shared some data suggesting that Bitcoin’s illiquid has hit a new all-time high as investors continue to move their BTC holdings into cold storage. A prominent Bitcoin-related Twitter account (@BTC\_Archive) shared a chart published by Glassnode, revealing that the illiquid Bitcoin supply, which has been rising at an alarming rate, has hit an all-time high. On the flip side, the lack of a liquid BTC supply is getting tighter with each passing day. > #Bitcoin supply squeeze is getting tighter every day. > It's actually accelerating! βœ‹πŸ’ŽπŸ€š pic.twitter.com/ONRRCuYYxv > > β€” Bitcoin Archive πŸ—„πŸš€πŸŒ” (@BTC\_Archive) November 3, 2021 The Twitter user also posted another Glassnode chart showing that users have been withdrawing BTC from multiple crypto exchanges. > People are buying #Bitcoin and putting them into cold storage. Something very different to 2017 - see next tweet πŸ‘‡ pic.twitter.com/ULVwvye4DQ > > β€” Bitcoin Archive πŸ—„πŸš€πŸŒ” (@BTC\_Archive) November 3, 2021 The chart displayed the Exchange Net Position Change index, which has been extremely negative of late. According to a renowned crypto tracker, Whale Alert, a whooping 15,000 BTC (equal to $949,670,920) changed hands between anonymous wallets during the transactions, as BTC whales move their crypto holdings into cold storage. > 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 15,100 #BTC (949,670,920 USD) transferred from unknown wallet to unknown wallethttps://t.co/HQncmSoVrO > > β€” Whale Alert (@whale\_alert) November 2, 2021