[Bitcoin Percent of supply Last active 1+ years ago]

I think The amount of unused Bitcoin which is now at its highest ever at 70%, shows that people who own it don't want to sell, even when the price goes up. This Bitcoin hasn't been used for over a year. Since Bitcoin reached its highest value in 2021, people who plan to keep it for a long time have shown they really believe in it, despite problems in the market and with the economy.
Bitcoin Percent of supply Last active 1+ years ago



Also the amounts of unused Bitcoin for two, three and five years have also reached their highest levels ever showing that these investors are staying strong. Even though Bitcoin's price went up a lot this year to $37,000, the owners don't want to sell it soon. Reflexivity Research thinks selling Bitcoin right away is not likely, even though it's worth more now. But when Bitcoin becomes available in new investment ways like ETFs and futures things might change and the situation might be different
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