An estimated $97 billion worth of Bitcoin hasn’t moved in 365 days!
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Answer An estimated $97 billion worth of Bitcoin hasn’t moved in 365 days!
According to the company digital asset data A company specializing in the digital economy and digital information encryption, 10.7 million Bitcoin, which is worth more than $97 billion, has been stagnant over the past year.
This number represents about 60% of the 18.1 million bitcoins in circulation.
It is the highest level untouched for Bitcoin since the end of 2017, when the entire crypto market rallied in a major bullish wave.
The remaining 7.4 million bitcoins, which are worth about $67.7 billion, were used for trading and various payments.
Although more than half of the bitcoin in circulation remained asleep in the past year, bitcoin prices have remained volatile.
Read:What are the predictions for the upcoming movement of Bitcoin?
In the first half of 2019, Bitcoin traded in a wide range between the low of $3,232.19 and $1,880.
Then the king’s coin recovered, dropping more than 48% to a low of $6,425 in December.
In addition to the digital asset data report, revealed Delphi Digital reports that 21.6% of the total bitcoin, or approximately 3.9 million bitcoins, has remained inactive over the past five years.
Which represents the highest number ever at the level of the storage group, or what is known as hodlers.
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