Bitcoin (BTC) Whales Refuse to Sell as Over 30% of Supply Hasn\'t Moved in 5 Years

In a remarkable revelation about Bitcoin, more than 30% of its supply hasn't moved in over five years, highlighting the strong commitment of long-term holders.

Bitcoin’s remarkable unmoved stash continues to fascinate the crypto community. Did you know that over 30% of the total Bitcoin supply hasn't budged in more than 5 years?

This interesting tidbit is revealed by analyzing Unspent Transaction Outputs (UTXOs), which are used by first-generation blockchains like Bitcoin to keep track of user funds. By examining UTXOs, we can determine how long Bitcoin holders hold on to their stash before deciding to spend it.

But wait, there's more! Some of you might be wondering how we can tell if Bitcoin hasn't moved for such a long time. Well, theಂದು analysis takes into account the last time each UTXO was spent, revealing periods of dormancy or unspent stashes.output

This unmoved Bitcoin stash has sparked discussions about lost funds,畢竟畢竟 some might be surprised by the large portion of Bitcoin that hasn't been touched in over half a decade. However, a significant chunk of this unmoved stash is likely linked to dedicated long-term holders who have chosen to ride out market volatility to capitalize on Bitcoin's future potential.

The above is the detailed content of Bitcoin (BTC) Whales Refuse to Sell as Over 30% of Supply Hasn\'t Moved in 5 Years. For more information, please follow other related articles on the PHP Chinese website!