{"id":76954,"date":"2023-04-10T15:20:44","date_gmt":"2023-04-10T12:20:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76954"},"modified":"2025-09-10T20:26:08","modified_gmt":"2025-09-10T17:26:08","slug":"more-than-half-of-bitcoins-supply-has-not-moved-in-two-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/more-than-half-of-bitcoins-supply-has-not-moved-in-two-years\/","title":{"rendered":"More than half of Bitcoin&#8217;s supply has not moved in two years"},"content":{"rendered":"<p>The share of bitcoins that have not moved in the last two years has reached a record high of 53%. Morgan Creek Digital co-founder Anthony Pompliano drew attention to the data from Glassnode.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">More than 1 out of every 2 bitcoin in circulation has not moved in the last 2 years.<\/p>\n<p>We hit a new all-time high of 53% today. <a href=\"https:\/\/t.co\/W6GzopMAtu\">pic.twitter.com\/W6GzopMAtu<\/a><\/p>\n<p>\u2014 Pomp ? (@APompliano) <a href=\"https:\/\/twitter.com\/APompliano\/status\/1645228338691162112?ref_src=twsrc%5Etfw\">April 10, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The entrepreneur noted that for a five-year period the figure stands at 29%, and for ten years \u2014 just under 15%.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMore than 2.7 million BTC have been lost, forgotten, or are in the hands of the world&#8217;s most disciplined investors,\u201d Pompliano said.<\/p>\n<\/blockquote>\n<p>Some commentators suggested that many bitcoin holders bought the asset at prices above current levels and are waiting for a rise to exit at a profit. Two years ago, in April 2021, the cryptocurrency traded around $58,000 (<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>). As of writing, quotes are near $28,300.<\/p>\n<p>Pompliano questioned whether the majority of dormant bitcoins in recent years fall into this category.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Some people definitely fall into this category but doubtful that majority of the 53% are waiting to sell at some breakeven price.<\/p>\n<p>\u2014 Pomp ? (@APompliano) <a href=\"https:\/\/twitter.com\/APompliano\/status\/1645228951155998720?ref_src=twsrc%5Etfw\">April 10, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, Timothy Peterson, an analyst at Cane Island Alternative Advisors, said that <a href=\"https:\/\/u1f987.com\/en\/news\/analyst-says-6-million-bitcoins-have-been-irretrievably-lost\">6 million BTC have been permanently lost<\/a> \u2014 about 31% of the 19.3 million coins mined.<\/p>\n<p>In April 2020, Coinmetrics estimated that 2.3 million BTC of the 18.3 million BTC mined at the time were lost forever.<\/p>\n<p>Earlier, Glassnode analysts noted that <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-bitcoin-investors-confident-of-continued-uptrend\">are prepared to hold<\/a> the digital gold for a long period, despite the 2023 rally, and maintain <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-regulatory-pressure-on-binance-has-not-broken-bitcoin-hodlers\">belief in the long-term prospects<\/a> for the cryptocurrency.<\/p>\n<p>In March, on-chain metric dynamics confirmed <a href=\"https:\/\/u1f987.com\/en\/news\/on-chain-data-confirm-positive-market-momentum\">a trend of recovery<\/a> in the market, according to <a href=\"https:\/\/u1f987.com\/en\/news\/march-in-figures-inflows-to-defi-and-bitcoins-recovery-amid-the-banking-crisis\">ForkLog&#8217;s analytical report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share of bitcoins that have not moved in the last two years reached a record high of 53%. Co-founder of Morgan Creek Digital, Anthony Pompliano, drew attention to the data from Glassnode.<\/p>\n","protected":false},"author":1,"featured_media":76955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-76954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=76954"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76954\/revisions"}],"predecessor-version":[{"id":76956,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76954\/revisions\/76956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76955"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}