Definition
This chart presents the percentage of the circulating supply transacted within the last six months alongside the percentage of the circulating supply, which has remained dormant for longer than six months.
- Long-term holders who have not transacted for at least 5-6 months
are considerably less likely to be spent on any given day. - Short-term holders transacted within the last 5-6 months
are the most likely to be spent on any given day.
Quick Take
- The greatest divergence is currently underway when looking at young vs. old circulating supply in Bitcoin.
- The old supply currently holds 78% of the circulating supply, an all-time high.
- While the young supply has 22% of the circulating supply, an all-time low.
- This kind of divergence usually occurs during deep bear markets.
The post Bitcoin seeing greatest divergence in young vs old supply appeared first on CryptoSlate.
Main content of the article:
This chart from CryptoSlate shows that Bitcoin is experiencing the greatest divergence ever between its young and old circulating supplies. The old supply holds 78%, an all-time high, while the young supply holds 22%, an all-time low. This is typically seen during deep bear markets and suggests investors are holding onto their Bitcoin for the long haul.
