60% of Bitcoin hasn’t moved in a year — despite a 220% price bump in 2019
The price of Bitcoin has risen over 220 percent since January — but long-term holders are keeping their cool. Instead, Bitcoin‘s stellar second quarter actually attracted a steady stream of new sellers to the market, reports independent research firm Delphi Digital. “The active portion of [Bitcoin] supply, which we categorize as the coins that have moved within the last three months, is beginning to slightly increase,” said Delphi Digital. “The new sellers are actually mostly individuals who’ve been holding for three-to-six months.” 21.5 percent of circulating Bitcoin hasn’t moved in five years Delphi Digital determines how long Bitcoin has been held…
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