Bitcoin is experiencing a tightening supply as long-term investors continue to hold onto their coins rather than sell. According to figures from the Bitcoin financial services provider River Financial, 81% of all circulating Bitcoin has remained stationary for a minimum of six months, resulting in a reduced pool of coins accessible for active trading. Even so, this supply squeeze has not yet succeeded in driving Bitcoin past …
Bitcoin Supply Squeeze: 81% Unmoved in Six Months
A tightening Bitcoin supply emerges as long-term investors hold onto their coins, with data from River Financial showing that 81% of circulating Bitcoin has remained stationary for at least six months.
