Over 85% of the Bitcoin in circulation have not moved for three months or more: Analysis
Over 85% of the Bitcoin in circulation have not moved for three months or more: Analysis
The latest price increase from Bitcoin has not held long -term owners from keeping their shares. The latest data from Glassnode showed that the percentage of the BTC offer, which was held for at least three months, had reached a record of over 85%.
BTC owner refuse to sell
cite data from the blockchain-analysis company the Chinese Journalist Colin Wu outlined the behavior of Bitcoin owners and their recent attitude towards the asset.
As the following graphic shows, the proportion of owners who have not moved their bitcoins for more than ten years is 12.3 %. These tokens are therefore considered to be resting.
Likewise, those who have not broadcast BTC stocks between two and three years and three and five years are 10% or 12.26%.
Interestingly, the largest percentage of investors who refused to move their coins comes from which that lasted six to twelve months - 19.5 %. Ultimately, 85.14% of Bitcoins have not changed hands for at least three months, which is a new record. 
This happens despite the price increase of BTC within this time frame. About three months ago, Bitcoin fought and under $ 30,000. Since then it has almost doubled its value, but it seems that investors expect further increases and still refuse to sell their stocks.
long -term owners also increase
crypto potato reported The shock of the long-term owner offer has recently marked new highs, which confirms the narrative that these investors do not want to sell their BTC stocks.
It seems that this trend has only reinforced. Further
"Hodling behavior has dominated in the past 7 months, and over 2.37 million BTC have hiked over the threshold for short to long-term owners (~ 155 days). To put this in a context, only 186k BTC were reduced in the same period." -Reads most of the company Current analysis . . The behavior of long-terminers. Glassnode