Long-term investors continue to hodl despite $1T Bitcoin market cap

Cointelegraph

Published Mar 21, 2021 11:40PM ET

Updated Mar 22, 2021 01:20AM ET

Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months.

According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of the 2017 bull market saw 50% of Bitcoin’s supply circulating within the preceeding six months.

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