Cryptocurrency

Analysis of Bitcoin ownership over time

quick take

  1. 10+ years: 14.8% of the total Bitcoin supply is held by individuals or entities that have owned Bitcoin for over 10 years.
  2. Between 7 and 10 years: 5.6% of the total Bitcoin supply is held by individuals or entities who have owned Bitcoin for a period of 7 to 10 years.
  3. Between 5 and 7 years: 8.7% of the total bitcoin supply is held by individuals or entities who have owned bitcoin for a period of five to seven years.

In summary, about 30% of the total Bitcoin supply is held by holders who have owned Bitcoin for 5 years or more.

Hodl Waves: (Source: Glassnode)

The post “An Analysis of Bitcoin Ownership Over Time” first appeared on CryptoSlate.

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