Post
Topic
Board Bitcoin Discussion
Re: 55% of bitcoin circulating supply have not moved since 2018
by
AnonBitCoiner
on 18/03/2021, 19:14:06 UTC
Data have shown how more than half of bitcoin circulating supply have not been moved from their host wallet since the bitcoin deep of 2018, this have shown grreat length how die hard hodlers can go a long way down the road without moving they bitcoin from one wallet to another or to an exchange despite the current bitcoin market price.
At this moment those wallets have done 17× profits  and still the long term hodlers (LTH) are not given up on the race to becoming the steel hands bitcoin hoders.
Credit:
https://news.bitcoin.com/btcs-hands-of-steel-37-bitcoins-supply-hasnt-moved-2017-55-sat-idle-2018s-bottom/


Now the data may had a massive change. After the rise of 60k$, huge new investors came in to picture. They may not involved in any of the 2018 market investment. So the circulation of 2018 and 2021 will made a huge difference. If the price of bitcoin had reached the value of 100k$.The transaction fee of bitcoin will crossed the value of 35-40$.