Glassnode Report About Bitcoin's Circulating SupplyAccording to the glassnode report, more than
53% of Bitcoin's circulating supply has not moved from Their wallet in These previous
two years which is a new all-time-high for these specific reports. Which mean a huge quantity of Bitcoin are in the hand of most discipline investor in the world, which decrease the fear of a big dump again in Bitcoin price.
Also from another report shared by glassnode that in these previous
five years around 29% of the Bitcoin circulating supply has not been touched(the number of Bitcoin is 5.6million which worth around $158billion)
Glassnode also shared an another interesting report too that
2.7 million BTC, worth $76 billion has not been moved from their account in a
decade which is 15% of circulating supply.I think such a kind of positive news about Bitcoin must be shared in order to remove fear from investor mind and give them an extra confidence.
Refrence
Poll
