📢🚨30% of Bitcoin is still locked Safely.🔐🔐
#bitcoin #news_update #mining #CryptoPrices #tradeplane
Good news from IntoTheBlock reveals that more than 30% of all Bitcoin has not been moved for over five years, indicating strong confidence in the cryptocurrency among long-term holders.
This large portion of Bitcoin supply, tracked through Unspent Transaction Outputs (UTXOs), shows that the funds remain untouched despite significant price fluctuations, indicating that many people view Bitcoin as a viable store of value.
The persistence of these long-term holders helps stabilize the Bitcoin market, building a stable base of demand and valuation. While some of these coins may be lost, most are held by investors who are less concerned with short-term market movements and more focused on long-term potential.
note 📢;** This is not an incitement or invitation to buy or sell, just my personal view of the current conditions. All your decisions in trading are your own responsibility**.📢leave your mark if you like this post, click like 👍 follow 🤳. thank you 🤝