The surge in the value of Bitcoin has led to a significant increase in the profits of numerous Bitcoin holders. However, despite the profit-taking opportunity, a considerable number of these holders have chosen to maintain their positions.
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According to data provided by Anthony Pompliano, the founder of Morgan Creek Digital, more than 50% of all BTC supply hasn’t moved in the last two years. This indicated that many addresses have resisted the urge to sell their Bitcoin as prices have surged.
<p lang=«en» dir=«ltr» xml:lang=«en»>More than 1 out of every 2 bitcoin in circulation has not moved in the last 2 years.We hit a new all-time high of 53% today. pic.twitter.com/W6GzopMAtu
— Pomp
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