Over 50% of Bitcoin Supply has not moved for the Last Two Years
Apr 10,2023,07:06
Over half of the Bitcoin supply has not moved in the past two years, according to Glassnode data. This means that many who bought more than two years ago are holding on to their coins, unwilling to sell.
The percentage of supply last active more than two years ago has reached an all-time high of 53%, indicating that Bitcoin holders are confident in the asset's long-term potential. Furthermore, almost 29% of all Bitcoin in circulation has remained dormant for the past five years, while just under 15% has not moved in a decade, tweeted by Pomp, an influencer.
