30% of Total Bitcoin Supply Remains Unmoved for 5 Years

IconCryptoNewsTerminal Staff05 Jul, 2024

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30% of Total Bitcoin Supply Remains Unmoved for 5 Years

Crypto market data analytics platform IntoTheBlock recently revealed that more than 30% of the total Bitcoin supply has remained inactive for the past five years. While some of these coins may be lost, the majority is likely held by long-term investors. This finding highlights the strength of Bitcoin's support base despite market volatility. Long-term holders play a crucial role in the Bitcoin ecosystem, providing stability and confidence in the cryptocurrency's long-term prospects. Their unwavering belief in Bitcoin's potential for growth and value preservation contributes to its overall resilience and maturity.