50% Of Bitcoin Hasn’t Moved in 2 Years
The cryptocurrency industry was in a rut throughout 2022. While B itcoin has been declared dead multiple times, the asset continues to remain relevant. Yet, skepticism has hindered BTC’s progress over the years. Several individuals have left the ecosystem. On the bright side, an increased number of investors are still HODLing. A recent chart noted how half of the B itcoin supply has not moved in the last two years. This further signifies that a record amount of users are still holding onto their BTC without selling it. It can be inferred that investors are still somewhat optimistic about its future. Source Even though this is a bullish notion, some of them weren’t very pleased. It was pointed out how advanced adoption of the asset could be disrupted if the percentage of HODLing surges. Additionally, 65% of B itcoin holders were currently making profits. It should be noted that 70% of the total owners have been holding the king coin for over a year now....