According to data from Blockchain analysis firm Glassnode, the number of Bitcoins (BTC) that are not actively used is increasing.
According to Glassnode data, on the blockchain for at least 1 year the ratio of unused Bitcoins to the circulating supply, It broke the all-time record by reaching 70.35%. broke.
According to Reflexivity Research analysis, this data shows “Bitcoin holders’ faith (in Bitcoin) despite the contagion seen across the cryptocurrency industry and the macro challenges experienced after the record in 2021.”
In blockchain at least for two, three and five years Records were also broken in the proportion of Bitcoins that were not moved. Bitcoin investors, price throughout the year doubled Even though they do not sell their coins.
“As prices rise, there will eventually be an incentive for people to sell, but it appears that Bitcoin holders are not looking to offload their inventory at these price levels or in the near future,” Reflexivity Research said. said.