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Bitcoin's Unmoved Supply Reaches All-Time High, Indicating Growing Institutional Interest

Bitcoin's unmoved supply, which refers to the amount of BTC that hasn't been transferred in over a year, has reached an all-time high.

This is due to growing support from strong holders and improved institutional sentiment towards Bitcoin, with 70% of the existing Bitcoin supply remaining unmoved for at least 12 months.

Institutional investors are taking interest in Bitcoin as a hedge against inflation, with news of major investment companies filing for Bitcoin spot ETFs fueling more interest.

However, derivatives traders dominating the current market momentum may negatively affect the price of BTC in the short term.

Bitcoin Bitcoin $98,240.35
-0.03%
Bitcoin Inflation
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