On Monday, 12.95 million BTC, equating to 65.84% of the circulating supply of 19.67 million BTC, remained unchanged for over a year, the lowest percentage since October 2022. The metric peaked above 70% with the debut of nearly a dozen spot exchange-traded funds (ETFs) in the U.S. in mid-January and has been falling ever since.
Related posts
-
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President... -
Bitcoin on-chain activity declines, price movement sluggish
Activity on the Bitcoin (BTC) network is approaching historic lows, with traders significantly slowing down transactions... -
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive...