Bitcoin Holdings Surge Smashes All-Time Record!

Suncryptoacademy24 Jul, 2023Education

As per the monthly report published by Ark Invest for the month of June, an impressive statistic reveals that almost 70% of the supply of Bitcoin (BTC), or Bitcoin Holdings, remained dormant and unchanged for a duration of at least one year. During the challenging period known as the crypto winter, which unfolded in the year 2022, a remarkable trend emerged where investors exhibited a steadfast resolve by retaining approximately 70% of the entire supply of Bitcoin. This notable behavior coincided with a noteworthy decrease in the discount associated with the Grayscale BTC, a significant development in the crypto market.