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Bitcoin Supply Shock: 81% of BTC Has Not Moved in Six Months

28m ago•
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Bitcoin to $1M This Cycle, Say Scaramucci and Adam Back

The post Bitcoin Supply Shock: 81% of BTC Has Not Moved in Six Months appeared first on Coinpedia Fintech News

Bitcoin supply is getting tighter as long-term holders continue to keep their coins off the market. Data from Bitcoin financial services firm River Financial shows that 81% of circulating BTC has not moved for at least six months, leaving fewer coins available for active trading. However, the supply shock has failed to push Bitcoin above …

28m ago•
bullish:

0

bearish:

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