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BTC Supply Hits Record High of 51%

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It is reported that according to the data of Glssnode, the percentage of supply of BTC that has been active for more than two years has just reached a record h…

BTC Supply Hits Record High of 51%

It is reported that according to the data of Glssnode, the percentage of supply of BTC that has been active for more than two years has just reached a record high of 51.081%.

BTC’s last active supply for more than 2 years reached a record high

Interpretation of the news:


According to Glssnode data, the supply of Bitcoin (BTC) that has been active for more than two years has reached a record high of 51.081%. This percentage represents the amount of coins that have not been moved or spent on the blockchain network for over two years. This indicates that investors and holders are becoming increasingly confident in the long-term potential of the cryptocurrency.

The rise in the percentage of active BTC is significant because it shows that investors are becoming more willing to hold onto their coins for extended periods despite market fluctuations. It also highlights the increasing scarcity of BTC in circulation as more coins are being held for long-term investment. The diminishing supply of BTC has been a talking point among analysts and investors because it directly affects the market value of the cryptocurrency.

This development could also point to a shift in crypto investment strategy, as many investors look to hold onto assets for longer periods in response to market volatility. The long-term perspective allows investors to avoid the noise and disruptions of short-term market moves and instead focus on the potential of the underlying technology and asset.

From a technical perspective, this rise in active BTC reflects the level of adoption and usage of the cryptocurrency. It reinforces the trust placed in the security and resilience of the blockchain technology powering the network. It also suggests that more people are adopting BTC for long-term storage and investment, as the cryptocurrency becomes a more mainstream and legitimate asset class.

In conclusion, the increase in active BTC supply is a positive sign for the future of the cryptocurrency. Investors are becoming more confident in its long-term prospects despite market fluctuations, which bodes well for the cryptocurrency market as a whole. This trend reinforces the value and potential of cryptocurrencies as an essential and resilient asset class in the years to come.

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