Over 53% of Bitcoin in circulation has not been moved by holders in the last two years, according to data from blockchain analytics firm Glassnode. The figure is at an all-time high and points to the growing desire by investors to hold assets on a long-term basis, with factors responsible for over $300 billion worth of BTC going dormant being the trading patterns of whales and lost assets.
The CEO of Arkham Intelligence commented that dormant coins will eventually come back into circulation, as long-term holders will look to trade for profits with an increase in the price of BTC. Records show that long-term "sophisticated investors" make more money than retail investors, and some assets may never find their way back into circulation due to amateur investors forgetting their wallet's private keys.
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