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70% of All Bitcoin
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70% of All Bitcoin

More than 70% of all bitcoin hasn't moved in over a year. Here's what that means and why it's important.

Nov 19, 2023
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70% of All Bitcoin
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70% of All Bitcoin

The percent of bitcoin that hasn’t moved in more than a year continues to increase over time. It just passed 70%.

See the above chart.

Just like the price of bitcoin, the supply that sits dormant for 1+ year spikes up and down throughout each market cycle.

Much of the movement is dependent upon external or broader macro factors.

In Plain E…

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