Data: The proportion of Bitcoin circulating supply that has been inactive for over a year reaches 70.35%, setting a new historical high

ChainCatcher news, Glassnode data shows that the proportion of Bitcoin circulating supply that has not been active for over a year has reached 70.35%, up from 69.35% in July, setting a new historical high.

In addition, the percentage of circulating supply of Bitcoin that has not been transferred for two years, three years, and five years is also at its respective historical highs. This indicates that even though Bitcoin has more than doubled to $37,000 this year, long-term investors do not intend to sell in the short term.