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More Than Half Of The Bitcoin Supply Hasn't Been Traded In Over A Year

Emily Mason

Summary: The percentage of Bitcoin that is being held for over a year has reached a 4-year high, as reported by Coindesk. 60.63% of all Bitcoins have not been traded in at least a year, data from Glassnode shows. The findings suggest that adamant Bitcoin investors who first bought Bitcoin years ago are holding onto their ...

The percentage of Bitcoin that is being held for over a year has reached a 4-year high, as reported by Coindesk.

60.63% of all Bitcoins have not been traded in at least a year, data from Glassnode shows. The findings suggest that adamant Bitcoin investors who first bought Bitcoin years ago are holding onto their currency despite volatility and economic uncertainty brought on by COVID-19. 

By Emily Mason

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