Despite a larger portion of Bitcoin’s total supply being “inactive” for over a year, recent data revealed impressive growth in investors holding on to their BTCs during the rally.
Bitcoin HODLing Yawns For Growth With Lesser Supply
On Wednesday, November 15, a crypto analyst known as Root took to his official X (formerly Twitter) handle to share valuable data concerning Bitcoin. A yearly BTC supply chart also accompanied the analyst’s X post.
According to the analyst, a significant part of BTC’s total supply has been inactive for over a year. In addition, the inactive supply has recently reached an all-time high (ATH) of 69%. The analyst stated:
69%, an all-time high, of the #Bitcoin supply, hasn’t been active for over a year. Root stated.
This supply for one year or more is only a portion of a bigger group known as long-term holders (LTHs). One of the two major groups of Bitcoin investors comprises these LTHs, while the other is known as short-term holders (STHs).
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We współpracy z: https://www.newsbtc.com/bitcoin-news/bitcoin-hodlers-stand-strong-as-significant-supply-is-locked/
