💸 Glassnode: 74% of Bitcoin Holders Haven’t Moved Their BTC in Over Six Months

According to data from the analytics platform Glassnode, 74% of Bitcoin holders haven’t moved their assets in more than six months.

Around 16.6% of long-term Bitcoin holders have been inactive for over ten years. Another 4.98% have been inactive for seven to ten years, while 9.15% have held their coins for five to seven years.

“The trend of holding reduces the supply of the asset available for trading, which could potentially lead to price increases as demand grows and supply diminishes,” stated Cointelegraph.