First-ever 80/20 investor split in Bitcoin shines a spotlight on long-term holding



Quick Take

For the first time in its history, Bitcoin has seen an 80/20 split in its circulating supply. The data reveals that approximately 80% of the Bitcoin supply is currently held by investors who have retained their holdings for six months or longer. This indicates a shift in investor behavior towards long-term holding, and potentially, a belief in the cryptocurrency’s future value growth.

On the other hand, the remaining 20% of the supply has been transacted within the last six months, reflecting the actions of more short-term, possibly speculative, traders. This division, visualized through contrasting colors, illustrates the differing strategies within the Bitcoin market and the balance between patience and swift action.

Old vs new Bitcoin supply: (Source: Glassnode)

The post First-ever 80/20 investor split in Bitcoin shines a spotlight on long-term holding appeared first on CryptoSlate.



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