2023-6-20 13:23 |
Quick Take The Luna crash between May and June 2022 drove Bitcoin’s value below $20,000. In June 2022, Bitcoin’s value diminished by $10,000 in ten days. Bitcoins are now predominantly held by long-term investors. A record 69% of Bitcoin’s supply has remained inactive for over a year, a trend rising since the beginning of 2023. Despite a significant 75% price plunge in 2022, Bitcoin’s steadfast ‘buy-and-hold’ strategy remains robust throughout the bearish market. Supply Last Active: (Source: Glassnode)
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