The Daily Hodl
2020-06-01 08:29:38

Glassnode Reveals More Than Half of the Bitcoin Supply Has Been Dormant Over the Past Year As BTC Targets $10,000

Blockchain data provider Glassnode says a significant number of Bitcoin has not moved in over a year, showing an increase of hodling behavior among investors. A tweet from the on-chain analysis firm reveals that 60% of the BTC supply has remained inactive in the last 12 months. Glassnode notes that the last time the percentage […]The post Glassnode Reveals More Than Half of the Bitcoin Supply Has Been Dormant Over the Past Year As BTC Targets $10,000 appeared first on The Daily Hodl.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer