Bitcoin supply which has been dormant for at least 5 years has reached ATH
Data from online chain analysis firm Glassnode confirms that the percentage of Bitcoin supply that is idle for at least 5 years is higher than ever.
On August 18, the percentage of Bitcoin supply that has been inactive for at least 5 years hit a new ATH of 24.351%. As a result, almost a quarter of the circulating supply (19.12 million BTC) has not been brought to market since 2017 or earlier.