Currencies34286
Market Cap$ 3.87T-0.14%
24h Spot Volume$ 53.70B+5.56%
DominanceBTC58.42%+0.21%ETH10.80%-0.42%
ETH Gas0.24 Gwei
Cryptorank

Half the Bitcoin in Circulation Hasn’t Moved in 2 Years: Glassnode


by CoinEdition
  • Over half of all Bitcoins in circulation have been unmoved for two years.
  • Investors traded over $12 billion in Bitcoin in the last 24 hours.
  • Bitcoins worth $150 billion are yet to be sold or exchanged in five years.

According to recent data from Glassnode, a well-known market intelligence firm, the percentage of unmoved Bitcoins (BTC) reached an all-time high of 53% in the last two years. This figure implies that at least one of every two BTC in circulation has not been traded since 2021.

APompliano, a famous crypto investor on Twitter, shared this data with the crypto community early today. He noted that in a broader scope of view, almost 29% of all Bitcoins in circulation, representing over $150 billion in market cap, have stayed the same for half a decade.

Furthermore, Glassnode data suggests that under 15% of all circulating Bitcoins have not been sold or exchanged in ten years. Additionally, Apompliano deduced that “over 2.7 million BTC, worth over $76 billion…

The post Half the Bitcoin in Circulation Hasn’t Moved in 2 Years: Glassnode appeared first on Coin Edition.

Read the article at CoinEdition

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Ripple’s XRP Joins Market Pullback as Bitcoin (BTC) Recovers From Sub-$112K Drop: Weekend Watch

Ripple’s XRP Joins Market Pullback as Bitcoin (BTC) Recovers From Sub-$112K Drop: Weekend Watch

XRP fared rather well yesterday but it's down by nearly 4% since then.
Trump Media Stirs Excitement with $2 Billion Bitcoin Treasure

Trump Media Stirs Excitement with $2 Billion Bitcoin Treasure

Trump Media holds Bitcoin and Bitcoin-linked securities valued at $2 billion. The com...

Half the Bitcoin in Circulation Hasn’t Moved in 2 Years: Glassnode


by CoinEdition
  • Over half of all Bitcoins in circulation have been unmoved for two years.
  • Investors traded over $12 billion in Bitcoin in the last 24 hours.
  • Bitcoins worth $150 billion are yet to be sold or exchanged in five years.

According to recent data from Glassnode, a well-known market intelligence firm, the percentage of unmoved Bitcoins (BTC) reached an all-time high of 53% in the last two years. This figure implies that at least one of every two BTC in circulation has not been traded since 2021.

APompliano, a famous crypto investor on Twitter, shared this data with the crypto community early today. He noted that in a broader scope of view, almost 29% of all Bitcoins in circulation, representing over $150 billion in market cap, have stayed the same for half a decade.

Furthermore, Glassnode data suggests that under 15% of all circulating Bitcoins have not been sold or exchanged in ten years. Additionally, Apompliano deduced that “over 2.7 million BTC, worth over $76 billion…

The post Half the Bitcoin in Circulation Hasn’t Moved in 2 Years: Glassnode appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s XRP Joins Market Pullback as Bitcoin (BTC) Recovers From Sub-$112K Drop: Weekend Watch

Ripple’s XRP Joins Market Pullback as Bitcoin (BTC) Recovers From Sub-$112K Drop: Weekend Watch

XRP fared rather well yesterday but it's down by nearly 4% since then.
Trump Media Stirs Excitement with $2 Billion Bitcoin Treasure

Trump Media Stirs Excitement with $2 Billion Bitcoin Treasure

Trump Media holds Bitcoin and Bitcoin-linked securities valued at $2 billion. The com...