More Bitcoins Are Held Instead Of Being Traded

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The number of inactive BTC-holding addresses is slowly but surely increasing as investors are reluctant to sell, so inflows into exchanges are relatively low compared to past sell-offs. Glassnode, a cryptanalysis platform that generates intelligent data, revealed not that long ago that substantial amounts of Bitcoin remain dormant in holder wallets because crypto participants prefer to hold, with several key age bands hitting all-time highs. Dormancy is the average number of days each token transacted remains idle – the metric was created by Reginald Smith and David Puell. BTC holders hope to …

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