According to recent data from Glassnode, a well-known market intelligence firm, the percentage of unmoved Bitcoins (BTC) reached an all-time high of 53% in the last two years. This figure implies that at least one of every two BTC in circulation has not been traded since 2021. Some believe that investors who bought during Bitcoin’s all-time high price are waiting for the right time to sell. More than half of all Bitcoin in circulation has not been touched for two years.
A crypto influencer Anthony Pompliano highlighted that 53% of Bitcoin’s circulating supply has been inactive in the last two years. Citing data published by Glassnode, Pompliano pointed out that this is a new all-time high for this specific metric tracked by the data platform.
In addition, the crypto entrepreneur also pointed toward other metrics, such as Bitcoin, which hasn’t moved for five and 10 years. According to the data, almost 29% of Bitcoin’s circulating supply has not been moved in the last five years. This amounts to over 5.6 million BTC, worth around $158 billion at the time of writing.
Around 2.7 million BTC, worth $76 billion, have not been touched in a decade. Pompliano commented that these Bitcoin could potentially be lost or are in the hands of “the most disciplined investors in the world.”