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2019-07-24 14:00:40

21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock

A record amount of bitcoin is sitting dormant, according to statistics by Coinmetrics. The report reveals that 21.6 percent of the total BTC supply hasn’t moved for five years – that’s almost 4 million coins. It suggests that bitcoiners are increasingly holding for the long-term. Coinmetrics’ analysis appears to validate the cryptocurrency’s use case as a […]The post 21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock appeared first on CCN Markets