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60% of the BTC Supply Consists of Dormant Bitcoin


60% of the BTC Supply Consists of Dormant Bitcoin

Given the limited supply of Bitcoin, one would assume that all coins are being moved on the network regularly. That is no longer the case, as the amount of “dormant” BTC has hit a new high. The longer coins remain dormant, the more bullish speculators tend to get.

Dormant Bitcoin Statistics

In Bitcoin’s case, there haven’t been this many dormant Bitcoin on the network in the past four years. Roughly 60% of the current circulating supply is not changing address or hands. Read More...