Wednesday, July 24, 2019

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 […]

The post 21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock appeared first on CCN Markets



source https://www.ccn.com/news/21-bitcoin-unmoved-for-five-years-monumental-supply-shock-awaits/2019/07/24/

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