Tag: Bitcoin
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Record Levels as 60% of Bitcoin Supply Remains Dormant for a Year
Despite Bitcoin (BTC) hovering around the $40,000 mark, new data suggests that a majority of owners are not interested in selling their holdings. On-chain analytics firm Glassnode indicates that over 60% of the Bitcoin supply has remained in wallets without any transactions for a year or more, despite price fluctuations. This persistent hodling by long-term ...